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NFT fever returns as sales surge to $10.7 billion on Ethereum, Solana, and other blockchains

A recent blockchain industry report revealed that the third-quarter sales volumes went up from $1,3 billion in Q2 and $1,2 billion in Q1.

NFT fever returns as sales surge to $10.7 billion on Ethereum, Solana, and other blockchains

Photo by Beata Ratuszniak on Unsplash

Sales volumes of non-fungible tokens (NFTs) surged to $10.7 billion in the third quarter of 2021, according to DappRadar’s latest blockchain industry report.

The popular data acquisition and analysis company noted that the third-quarter figure increased 704% from the previous three-month period, as the play-to-earn (P2E) movement evolved into one of the key drivers behind the industryโ€™s incremental growth.

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