Immutable

Bitcoin

Million

Mythos

<ul class="wp-block-list">
 <li>Bitcoin NFTs soared 99.44% in November, contributing $186M to total sales, marking a major comeback.</li>  
 <li>CryptoPunks saw a 392% sales jump in November, with a floor price surge to $147K.</li>  
 <li>November NFT sales hit $562M, up 57.8% from October, the highest since May 2024.</li> 
</ul>  
<p>Monthly sales of non-fungible tokens (NFTs) were $562 million in November 2024, up from $355 million in October 2024, a 57.8% rise. This is the highest sales volume since May, when $599 million was recorded, according to <a href="https://www.cryptoslam.io/nftglobal?timeFrame=month" target="_blank" rel="noopener noreferrer nofollow">CryptoSlam data</a>. November figures show a marked improvement in sales after months of sales decline, with a seven-month slide from the $1.6 billion sales recorded in March 2024.</p>  
<p>Additionally, bitcoin-based NFT was pivotal in September, hitting $186 million monthly. This was an impressive improvement compared to October and marked a 99.44% improvement in the month’s performance. Ethereum-based <a href="https://cryptonewsland.com/nodemonkes-and-runestone-bitcoin-nfts-set-new-highs/" target="_blank" rel="noopener noreferrer nofollow">NFTs </a>dominated the list of blockchains with $216 million in sales, which increased by 12% monthly. Solana, Mythos Chain, and Immutable all saw good performances; together, they contributed $162.9 million.</p>  
<h2 class="wp-block-heading" id="h-cryptopunks-and-pudgy-penguins-lead-individual-collections"><strong>CryptoPunks and Pudgy Penguins Lead Individual Collections</strong></h2>  
<p>According to the sales records, <a href="https://cryptonewsland.com/pixel-perfection-the-5-cryptopunks-that-shattered-nft-value-records-in-2024/" target="_blank" rel="noopener noreferrer nofollow">CryptoPunks</a> achieved 392% growth in its sales volume in November compared to October. In the last 30 days, CryptoPunks recorded sales of above $49 million, as 388 purchases were made, or 213% higher than in the previous month. The floor price increased from 26.3 Ether on November 1 to 39.7 Ether by the end of the month, or a value of about $147,000.</p>  
<p>The monthly sales volume of Pudgy Penguins also ramped up to 262%, amounting to $16 million. The floor price for this collection increased from 8.7 ETH to 13 ETH by November 30, which shows a 49% increase. The two collections highlight that there is still a demand for blue-chip NFTs regardless of bearish trends.</p>  
<h2 class="wp-block-heading" id="h-ethereum-and-bitcoin-dominate-blockchain-rankings"><strong>Ethereum and Bitcoin Dominate Blockchain Rankings</strong></h2>  
<p>Non-fungible tokens based on Ethereum remained on the top, with $218.83 million in sales for November. Bitcoin NFTs also increased, reaching $188.05 million, significantly higher than October’s $69.6 million. Mythos Chain and Immutable raised $25 million from sales, while Solana raised $83.24 million.</p>  
<p>As for November, the top-sold Bitcoin-based asset was an Uncategorized Ordinal, fetching over $6 million. Other top-selling products were Ethereum Tokenvesting Plan #1109 at $962,278 and Solana Boogle #076 at $269,314. These premium sales highlight that NFTs are popular across various <a href="https://cryptonewsland.com/top-5-blockchain-projects-transforming-nfts-and-entertainment-this-year/" target="_blank" rel="noopener noreferrer nofollow">blockchain platforms.</a></p> 
<p>The post <a href="https://cryptonewsland.com/nft-sales-surge-to-562-million-in-november-as-market-rebounds/" rel="noopener noreferrer nofollow">NFT Sales Surge to $562 Million in November as Market Rebounds</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

NFT Sales Surge to $562 Million in November as Market Rebounds

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