{"id":3447,"date":"2023-02-06T13:18:27","date_gmt":"2023-02-06T13:18:27","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/06\/nft-market-makes-a-comeback-with-945-million-in-january-sales\/"},"modified":"2023-02-06T13:18:27","modified_gmt":"2023-02-06T13:18:27","slug":"nft-market-makes-a-comeback-with-945-million-in-january-sales","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/06\/nft-market-makes-a-comeback-with-945-million-in-january-sales\/","title":{"rendered":"NFT Market Makes a Comeback with $945 Million in January Sales"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The NFT market starts 2023 with a bang, scoring over $945 million in sales and trading volume in January alone! This comeback means great news for collectors and traders after last year\u2019s harsh <a href=\"https:\/\/nftevening.com\/bear-market-tips-how-to-get-crypto-rich-next-cycle\/\" target=\"_blank\" rel=\"noopener\">bear market<\/a>. What\u2019s more, NFT sales increased by 42% compared to December 2022 \u2013 and the numbers keep on rising.<\/p>\n<figure id=\"attachment_95841\" aria-describedby=\"caption-attachment-95841\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-95841 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-300x200.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-768x512.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-84x56.jpg.webp 84w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-150x100.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-450x300.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%201200%20800'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-95841 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-scaled.jpg.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-300x200.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-768x512.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-84x56.jpg.webp 84w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-150x100.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-450x300.jpg.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-scaled.jpg\" alt=\"happy man at laptop\" width=\"1200\" height=\"800\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-scaled.jpg 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-300x200.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-1024x683.jpg 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-768x512.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-84x56.jpg 84w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-150x100.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-450x300.jpg 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-95841\" class=\"wp-caption-text\">The NFT market is back on track again after a months-long bear market as January sales surpassed $945 million in January. Credit: FreePik<\/figcaption><\/figure>\n<h2><span id=\"How_Much_Did_NFT_Market_Sales_Increase_in_January\">How Much Did NFT Market Sales Increase in January?<\/span><\/h2>\n<p>This February, we finally see the light at the end of the tunnel in terms of NFT trading. According to the most recent data from <a href=\"https:\/\/dappradar.com\/blog\/2023-begins-with-a-comeback-nfts-and-defi-show-recovery-signs\" target=\"_blank\" rel=\"noopener\">DappRadar<\/a>, NFT sales amassed a whopping $945 million in January. These are the best stats since before the bear market in June 2022!<\/p>\n<p>In fact, the NFT trading volume in general, increased by 38% monthly last season. Let\u2019s have a look:<\/p>\n<figure id=\"attachment_95838\" aria-describedby=\"caption-attachment-95838\" style=\"width: 936px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-95838 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback.jpg.webp 936w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-300x196.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-768x502.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-86x56.jpg.webp 86w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-150x98.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-450x294.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20936%20612'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 936px) 100vw, 936px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20936%20612'%3E%3C\/svg%3E\" alt=\"graphic showing the NFT market trading volume and sales peak in 2022 and 2023\" width=\"936\" height=\"612\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback.jpg 936w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-300x196.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-768x502.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-86x56.jpg 86w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-150x98.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-450x294.jpg 450w\" data-lazy-sizes=\"(max-width: 936px) 100vw, 936px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-95838 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback.jpg.webp 936w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-300x196.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-768x502.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-86x56.jpg.webp 86w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-150x98.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-450x294.jpg.webp 450w\" sizes=\"(max-width: 936px) 100vw, 936px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback.jpg\" alt=\"graphic showing the NFT market trading volume and sales peak in 2022 and 2023\" width=\"936\" height=\"612\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback.jpg 936w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-300x196.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-768x502.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-86x56.jpg 86w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-150x98.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/trading-volume-sales-nft-market-comeback-450x294.jpg 450w\" sizes=\"(max-width: 936px) 100vw, 936px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-95838\" class=\"wp-caption-text\">The NFT market sales reached a high peak of $946 million in trading volume last January after the bear market in 2022. Credit: DappRadar<\/figcaption><\/figure>\n<p>In terms of NFT blockchains, Ethereum is leading the charts as usual. The popular blockchain solution reached +36 billion in all-time sales (as of January 2023). However, the Solana and Polygon blockchains are close too, with Polygon reporting a 124% increase in NFT trading volume this January.<\/p>\n<p>\u00a0<\/p>\n<h2><span id=\"What_About_The_DeFi_Sector\">What About The DeFi Sector?<\/span><\/h2>\n<p>Surprisingly, the DeFi niche is also getting back on track with a 26.8% rise in its total value locked between December and January.<\/p>\n<p>\u201c<em>While this metric has been highly benefited from the rally in crypto prices, other on-chain indicators signal a bull trend,\u201d\u00a0<\/em>reports DappRadar.<\/p>\n<figure id=\"attachment_95839\" aria-describedby=\"caption-attachment-95839\" style=\"width: 924px\" class=\"wp-caption aligncenter\"><picture decoding=\"async\" class=\"wp-image-95839 size-full\"><source type=\"image\/webp\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales.jpg.webp 924w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-300x178.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-768x455.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-94x56.jpg.webp 94w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-150x89.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-450x267.jpg.webp 450w\" srcset=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20924%20548'%3E%3C\/svg%3E\" data-lazy-sizes=\"(max-width: 924px) 100vw, 924px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"data:image\/svg+xml,%3Csvg%20xmlns='http:\/\/www.w3.org\/2000\/svg'%20viewBox='0%200%20924%20548'%3E%3C\/svg%3E\" alt=\"chart showing the DeFi market growth by DappRadar\" width=\"924\" height=\"548\" data-lazy-srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales.jpg 924w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-300x178.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-768x455.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-94x56.jpg 94w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-150x89.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-450x267.jpg 450w\" data-lazy-sizes=\"(max-width: 924px) 100vw, 924px\" data-lazy-src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales.jpg\"\/>\n<\/picture>\n<noscript><picture decoding=\"async\" class=\"wp-image-95839 size-full\"><source type=\"image\/webp\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales.jpg.webp 924w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-300x178.jpg.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-768x455.jpg.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-94x56.jpg.webp 94w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-150x89.jpg.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-450x267.jpg.webp 450w\" sizes=\"(max-width: 924px) 100vw, 924px\"\/><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales.jpg\" alt=\"chart showing the DeFi market growth by DappRadar\" width=\"924\" height=\"548\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales.jpg 924w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-300x178.jpg 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-768x455.jpg 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-94x56.jpg 94w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-150x89.jpg 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/defi-growing-chart-dappradar-nft-market-sales-450x267.jpg 450w\" sizes=\"(max-width: 924px) 100vw, 924px\"\/>\n<\/picture>\n<\/noscript><figcaption id=\"caption-attachment-95839\" class=\"wp-caption-text\">The DeFi sector also reported a steady growth in January. Credit: DappRadar<\/figcaption><\/figure>\n<p>To conclude, 2023 is undoubtedly more promising than last year for the NFT market. If you\u2019re a new trader, we have a guide explaining <a href=\"https:\/\/nftevening.com\/when-should-you-invest-in-nfts-be-in-the-right-place-at-the-right-time\/\" target=\"_blank\" rel=\"noopener\">how to invest in NFTs<\/a> to catch the potential bull market in 2023!<\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/nft-market-january-sales\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The NFT market starts 2023 with a bang, scoring over $945 million in sales and trading volume in January alone! This comeback means great news for collectors and traders after last year\u2019s harsh bear market. What\u2019s more, NFT sales increased by 42% compared to December 2022 \u2013 and the numbers keep on rising. The NFT [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3448,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/nft-market-sales-scaled.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3447"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=3447"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3447\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/3448"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=3447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=3447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=3447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}