The global NFT market, led by Ethereum-based NFTs, recorded a notable uptick in Q4 2024. Recent data indicates a significant increase in trading sales volumes and floor price values.
Rising Interest in NFTs in 2024
Data compiled by nftpricefloor.com indicates a sharp gain in the NFT market in Q4 2024. This growth comes after a prolonged period of stagnation, with many blue-chip NFT floor prices previously below 30 ETH.
Key Players in the NFT Market in Q4 2024
Among the top gainers this quarter are collections like CryptoPunks, Pudgy Penguins, and Bored Ape Yacht Club. Over the past 90 days, the floor price of CryptoPunks surged over 95%, reaching 36 ETH.
NFT Market in the Coming Months
The continued growth is expected to be driven by market activity and renewed interest in digital assets. However, experts caution about potential fluctuations, given the market's nature.
The NFT price surge in Q4 2024 highlights the growing interest in digital assets, especially within the Ethereum ecosystem. While uncertainties remain, the current trajectory is promising.
