NFTs Rise From The Ashes: Market Sees Unexpected Boom In 2024

NFTs Rise From The Ashes: Market Sees Unexpected Boom In 2024

Summary

NFT sales surged by 28% in Q2 2024 despite Bitcoin's decline. Blur overtakes OpenSea with a 31% market share. NFT space diversifies beyond gaming. Ordinals and Runes fuel NFT resurgence. Bored Ape Yacht Club sees declining sales. Uncertainties persist about the surge's cause and sustainability. The NFT market is in flux, with new players and innovation shaping its future.