Today in Data: Has the NFT Bubble Burst or Not?

By  |  May 6, 2022
 | 
Today in Data: Has the NFT Bubble Burst or Not?

Today in data, a rapid drop in sales leads to speculation that the non-fungible token (NFT) bubble has popped, even as new investments flow in.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    Data

    300M: Amount in dollars game studio Square Enix is investing in NFT gaming

    6M: Number of NFT transaction requests per second logged by Solana last weekend

    119,000: Number of active NFT wallets in November 2021

    14,000: Number of active NFT wallets last week

    Advertisement: Scroll to Continue

    92: Percentage NFT sales have dropped since September


    Recommended

    Visa Says Millions of Consumers Will Use Agentic Commerce by Late 2026

    college campus

    OpenAI Has Sold 700K ChatGPT Licenses to American Colleges

    Employers Encourage AI at Work, With or Without Guardrails

    Meta AI Chief’s Startup Seeks $3 Billion Valuation Before Launch

    See More In: , , , , , ,