Market Research
Non-fungible tokens market was valued at $250 million in 2020 and is expected to grow at a booming CAGR between 2021 and 2026. NFT sales volume surged to $2.5 bln in the first half of 2021 and reached $10.7 bln in Q3 of 2021. As of this date, a secondary NFT marketplace is the second largest gas fees consuming application, Occupying 10-20% of total gas fees consumption, right after Uniswap.
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