Guild of Guardians

Solana

Mythos

Non-fungible tokens (NFTs) broke their seven-month downward trend in October as digital collectibles recorded an 18% increase in volume.&nbsp;
Since recording a monthly volume of $1.6 billion in March, its highest in 2024, NFT volumes have been on a downward trajectory. 
It continued through September when NFTs <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/nfts-lowest-monthly-volume-since-2021-cryptoslam" rel="null" target="null" text="null" title="null">reached their lowest monthly volume</a> since 2021.&nbsp;
<h2 id="nfts-record-a-356-million-monthly-volume-in-october">NFTs record a $356 million monthly volume in October</h2>
CryptoSlam data <a data-ct-non-breakable="null" href="https://www.cryptoslam.io/nftglobal?timeFrame=month" rel="null" target="null" text="null" title="null">shows</a> that NFTs only had a volume of about $300 million in September 2024, a 20% decrease from August’s record. However, despite continuously getting lower in 2024, NFTs’ monthly sales volume saw a brief recovery in October.&nbsp;
<figure>
 <img alt="Data" src="https://s3.cointelegraph.com/uploads/2024-11/0192eca0-4eb8-7879-a48b-817a4f0bd742" title="">
 <figcaption style="text-align: center;">
 NFT monthly sales volume for 2024. Source: CryptoSlam
 </figcaption>
</figure>
In October 2024, NFTs recorded a volume of $356 million, an 18% month-on-month increase. The upward surge in NFT sales breaks the seven-month downturn in monthly sales for digital collectibles.&nbsp;
NFTs also had an increase in total number of transactions. In October, NFT transactions totaled 7.2 million, a 42% increase from September’s five million transactions.&nbsp;
Besides its monthly volume increase, NFT weekly volumes <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/nfts-weekly-sales-volumes-hit-highest-level-since-august" rel="null" target="null" text="null" title="null">reached a high in October</a>. Between Sept. 30 and Oct. 6, NFTs showed their strongest weekly sales since August, topping out at over $84 million, according to CryptoSlam.&nbsp;
<figure>
 <img alt="Data" src="https://s3.cointelegraph.com/uploads/2024-11/0192ec9f-9862-75f2-8add-e6bf9eaad987" title="">
 <figcaption style="text-align: center;">
 NFT collections with the most sales volume in the last 30 days. Source: CryptoSlam
 </figcaption>
</figure>
Mythos Chain-based NFT collection DMarket led the last 30 days in sales volume with $33 million in sales. The collection was followed by the Immutable-based collection Guild of Guardians Heroes, which had a volume of $13 million.&nbsp;
Bitcoin and Ethereum-based collections like Bitcoin Puppets, Bored Ape Yacht Club and CryptoPunks showed strong volumes in October.&nbsp;
Related: <a data-ct-non-breakable="null" href="https://cointelegraph.com/news/mutant-ape-planet-creator-avoids-prison" rel="null" target="null" text="null" title="null">Mutant Ape NFT ripoff creator to forfeit $1.4M, avoids prison</a>
<h2 id="solana-s-all-time-nft-volume-nears-6-billion">Solana’s all-time NFT volume nears $6 billion</h2>
Apart from Bitcoin and Ethereum NFTs, Solana-based collectibles are also on the list of the top 10 collections by sales volume in October. Solana NFTs like DogeZuki, Froganas and Retardio Cousins had a combined record of almost $25 million in sales last month.&nbsp;
<figure>
 <img alt="Data" src="https://s3.cointelegraph.com/uploads/2024-11/0192ec9d-594e-7cdd-b43e-16ead19f7fd8" title="">
 <figcaption style="text-align: center;">
 Blockchains by all-time NFT sales volume. Source: CryptoSlam
 </figcaption>
</figure>
Collectively, Solana-based NFTs recorded a 30-day sales volume of $67 million in October, taking up 19% of the overall NFT monthly volume for the month. This brings Solana-based NFTs’ all-time sales volume to almost $6 billion, as it remains the second-ranked blockchain in overall NFT sales.&nbsp;
Magazine: <a data-ct-non-breakable="null" href="https://cointelegraph.com/magazine/best-nft-collection-world-dc-investor-nft-collector/" rel="null" target="null" text="null" title="null">NFT Collector, DCinvestor: Is this the best NFT collection in the world?&nbsp;</a>

NFT sales surge 18% as all-time volume on Solana nears $6B

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