How Many NFTs Are Sold Every Day?

No one would have thought that the first NFT created in 2014 would be the start of a multi-billion investment industry concerned with creating and trading digital art. But NFTs are making headlines today as some sell for obscene amounts of money.

So, how many NFTs are sold every day? How much is one worth on average? What’s the biggest sale yet? We answer all these questions below!

Top 5 NFT Facts

1. Around 5,000 NFTs are being sold daily as of April 2023.
2. The NFT daily sales revenue hovers around $15 million in 2023.
3. With over 27,000 daily traders, OpenSea is the largest NFT marketplace in 2023.
4. Sold for $91.8 million in December 2021, ‘The Merge’ is the biggest authentic NFT sale to date.
5. In Q3 2022, the average price of an NFT was about $150.

2023 NFT Sales Trends Explored

Now that you know the five most important NFT statistics for 2023, let’s look at the complete picture with the most relevant numbers as of April 2023.

1. The most art NFTs sold over 30 days in 2021 was 117,378.

(Statista)

Per data collected by Statista, the biggest number of NFTs sold on Ethereum, Ronin, and Flow was close to 117,500—recorded between July 15th–August 15th, 2021.

2. NFT sales decreased and topped at 45,119 over a 30-day period in 2022.

(Statista)

The same survey also reveals that the NFT craze quieted down the following year as the numbers dropped significantly in 2022—the most significant 30-day sales period was less than half (over 45,000) of the 2021 record.

3. Around 5,000 NFTs are being sold daily as of April 2023.

(NonFungible)

NonFungible, a reputable NFT transactions tracker that updates its sales numbers daily, currently shows around 5,000 sales happening each day across all segments.

4. The NFT daily sales revenue hovers around $15 million in 2023.

(NonFungible)

According to NonFungible’s Market Tracker, after the boom of the NFT market in April–May of 2023—May 1 recorded a revenue of over $800 million—the value of the daily sales stabilized to around $15 million starting with September 2022.

5. Ethereum records five times more NFT transactions than Solana in 2023.

(CryptoSlam)

Per CryptoSlam’s live data analysis, Ethereum is still the most popular blockchain for NFTs in 2023, with a total recorded revenue of over $485 million in the 30 days ending with April 10th, 2023. Conversely, Solana registered around $96 million during the same period, almost 2.5 times the amount transacted on Polygon—the third most popular blockchain.

6. With over 27,000 daily traders, OpenSea is the largest NFT marketplace in 2023.

(DappRadar)

DappRadar’s live rankings and analysis reveal OpenSea was used by over 280,000 traders in March 2023, which is about 200,000 more than either Blur or AtomicHub.

However, when it comes to the total volume recorded at the same time, Blur led the charge with $1.09 billion, while OpenSea had almost $350 million.

7. The biggest NFT sale on record was $532 Million, but it was a case of wash trading.

(Bloomberg)

On the 29th of October 2021, Ethereum address ‘0xef76’ transferred a white-haired CryptoPunk to a user with the ‘0x8e39’ address. The second user then sold the NFT to address ‘0x9b5a’ for 124,457 Ether, which had to be borrowed and were worth $532 million at the time.

However, the seller quickly returned the Ether back to the buyer, who repaid the loan in full, and the CryptoPunk was returned to the original ‘0xef76’ address. Shady, right?

8. Sold for $91.8 million in December 2021, ‘The Merge’ is the biggest authentic NFT sale to date.

(Barron’s)

Created by Pak, The Merge depicts three large white masses on a black background, a piece of NFT art sold to almost 28,900 collectors for almost $92 million on Nifty Gateway.

9. In Q3 2022, the average price of an NFT was about $150. 

(NonFungible)

NonFungible’s latest published report on the NFT market trends reveals that the average price of one such digital artwork was around $150—a value of around four times less than what was recorded for the previous quarter.

10. Interest in NFTs has plummeted by over 90% since January 2022.

(The Block)

Google ranks its most popular queries using a relative scale of 0–100, on which 100 represents peak popularity. NFTs hit the top ‘100’ limit in January 2022, but interest in them has been dwindling ever since to reach 8 in April 2023.

11. Sold for $21.6 million, a photograph of LeBron James dunking is the most expensive sports NFT.

(ONE37pm)

Minted on March 23rd, 2021, a photograph of LeBron James dunking in his recognizable style has become an NFT sold at an auction for $20 million—a record for a sports NFT.

12. About 360,000 owners were sharing 2.7 million NFTs in 2021.

(Financial Times)

According to Chainalysis, a leading blockchain analysis firm, there were around 360,000 NFT owners in 2021 whose wallets had a total of 2.7 million NFTs. However, only 9% of them held 80% of the total market value.

13. In January 2022, almost $4.9 billion worth of NFTs were traded via OpenSea on the Ethereum network.

(Dune)

Per Dune’s analysis of the OpenSea market movements, the value of NFT sales conducted on the Ethereum network in January 2022 almost reached $4.87 billion—an all-time high number that plummeted to $381 million in March 2023.

Wrapping Up

These statistics reveal the current state of the NFT market: despite a chaotic 2022, consumers have started trading NFTs on a diminished but regular basis in 2023. It’s easy to do, anyway, since most of them cost $150–$200. 

However, predicting the future is difficult due to the volatility of the market and the emergence of new technologies, like AI art generation. One thing is certain, though, if you want to get into NFTs, the time and price are just right!