NFTs recorded a monthly sales volume of $356 in October, an 18% increase from its September record.
Non-fungible tokens (NFTs) broke their seven-month downward trend in October as digital collectibles recorded an 18% increase in volume.
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 reached their lowest monthly volume since 2021.