{"id":45657,"date":"2021-07-07T11:48:10","date_gmt":"2021-07-07T08:48:10","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45657"},"modified":"2025-09-01T12:18:08","modified_gmt":"2025-09-01T09:18:08","slug":"nft-sales-hit-2-5-billion-in-first-half-of-2021","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nft-sales-hit-2-5-billion-in-first-half-of-2021\/","title":{"rendered":"NFT sales hit $2.5 billion in first half of 2021"},"content":{"rendered":"<p>Since the start of 2021, the volume of non-fungible token (NFT) sales has reached $2.5 billion. Reuters reports, citing data from the analytics platform DappRadar.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"480\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-263-1024x480.png\" alt=\"NFT sales in the first half of 2021 reached $2.5 billion\" class=\"wp-image-141670\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/3-263-1024x480.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/3-263-300x141.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/3-263-768x360.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/3-263.png 1160w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>NFT sales by quarter for 2020 and 2021. Data: <a href=\"https:\/\/dappradar.com\">DappRadar<\/a>.<\/figcaption><\/figure>\n<p>For all of 2020, NFT sales totaled about $95 million, roughly 26 times lower than the first half of 2021.<\/p>\n<p>According to NonFungible, weekly figures remain high \u2014 10,000 to 20,000 tokens sold on the Ethereum blockchain.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"621\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-161-1024x621.png\" alt=\"NFT sales in the first half of 2021 reached $2.5 billion\" class=\"wp-image-141671\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/4-161-1024x621.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/4-161-300x182.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/4-161-768x465.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/4-161.png 1320w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>NFT sales by week on the Ethereum blockchain. Data: <a href=\"https:\/\/nonfungible.com\">NonFungible<\/a>.<\/figcaption><\/figure>\n<p>Monthly sales on the NFT marketplace OpenSea reached a record high in June \u2014 about $150 million.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"636\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/5-98-1024x636.png\" alt=\"NFT sales in the first half of 2021 reached $2.5 billion\" class=\"wp-image-141672\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/5-98-1024x636.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/5-98-300x186.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/5-98-768x477.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/5-98.png 1288w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Monthly sales on the OpenSea marketplace. Data: <a href=\"http:\/\/opensea.io\">OpenSea<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Psyops Capital <a href=\"https:\/\/u1f987.com\/en\/news\/expert-calls-nft-market-correction-a-silent-crash\">called the NFT market correction a &#8216;soft crash&#8217;<\/a>. He said that due to the market&#8217;s low liquidity, sellers struggle to gauge buyer sentiment, and therefore the price of their asset may unexpectedly be far below the purchase price.<\/p>\n<p>In June, NFT sales <a href=\"https:\/\/u1f987.com\/en\/news\/nft-sales-slump-20-fold-in-june\">fell by about twentyfold<\/a>.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news on our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since the start of 2021, NFT sales reached $2.5 billion, versus $95 million for all of 2020.<\/p>\n","protected":false},"author":1,"featured_media":45658,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1213],"class_list":["post-45657","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=45657"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45657\/revisions"}],"predecessor-version":[{"id":45659,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45657\/revisions\/45659"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/45658"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=45657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=45657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=45657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}