Data: Total NFT transaction volume in 2022 at $55.5 billion, up 175% YoY

01/01 10:07

According to CryptoSlate's 2022 NFT statistics, total NFT volume in 2022 was $55.5 billion, up 175% YoY and up 390x from 2020. NFT volume peaked at $17.4 billion in January and has been declining month-over-month since then, with the exception of April, which saw YoY growth. In addition, 46% of the total NFT volume is likely to be generated by knock-offs and not real transactions.

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