NFT News Today TheBittimes.com

The non-fungible token market has retested a short market rally, skyrocketing the daily trading sales volume back to the past $20 million. The recent NFT market appears to have been fueled by the surge in BNB Chain-based non-fungible token collections. In the past 24 hours, the BNB Chain NFT collections have raised a trading sales volume of $9.3 million, up 4,000% from the past day. BNB Chain Tops NFT Market Chart Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and multi-chain non-fungible token collection explorer, shows that the NFT market has recorded negative gains again today. In the past 24 hours, the global NFT market has amassed a trading sales volume of $22 million. During this time, the global NFT market sales volume rose 72% from the previous day. BNB Chain, a blockchain ecosystem created and designed by the American crypto Exchange Binance to support non-fungible tokens, decentralized applications, and other blockchain-based innovations, is...

The non-fungible token market, once pronounced dead, has roared back to life. The NFT market retested some hype in November 2024, shortly after the crypto-friendly Donald Trump’s re-election as the 47th President of the United States of America. At the time, the NFT market showed potential signs of revival, with some notable blue-chip NFT collections even rising over 100% in their floor price value and trading sales volume. Industry experts have predicted that the NFT market will continue to grow and hit $84 billion by 2029. NFT Market To Hit $84B Between 2025 And 2029 On January 20, 2025, Technavio, a globally acknowledged market research platform that provides reports on emerging technologies and industry trends, shared its prediction for the global non-fungible token market between now and 2029. After careful consideration of various factors, the market research company estimated that the non-fungible token market size will continue growing and reach $84 billion between 2025 ...