The non-fungible token (NFT) market has hit a 90-day high in terms of both daily unique users and daily sales count, according to data from Dune Analytics. A total of 85.7K sales were made by 27.8K users over the past 90 days, indicating a surge in interest in NFTs.
Two-thirds of the users traded on OpenSea, a popular NFT marketplace, with an average of 2.7 sales per user, totaling 50.3K sales. This highlights the dominance of OpenSea in the NFT market, as well as the growing popularity of NFTs among users.
The surge in interest in NFTs is in line with the broader trend of growing investment in digital assets, as more and more people turn to the internet for buying, selling, and trading. With the continued growth of the NFT market, it will be interesting to see how traditional investors and institutions start to embrace this new asset class.
Overall, The recent rise in NFTs is an indicator that it has become an important area of focus in the digital asset world and the market is expected to continue to grow in the coming days.
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