The NFT market has expanded significantly over the past two years. The number of holders of tokenized collections continues to grow despite the dominance of bearish sentiment in the cryptosphere.
The development of the NFT industry has forced some governments to create an infrastructure for digital collections and virtual reality.
According to the NFTGo team, over the past three months, the number of addresses with NFT tokens has grown by 32.24%. As of September 20, the market capitalization of digital collections reached 11.25 million Ether (+16.5%).
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Bored Ape Yacht Club and Otherdeed top the list of the most popular NFTs. The Ethereum and Solana blockchains are most commonly used to deploy digital collections. The first place in terms of trading volume is occupied by the OpenSea marketplace.
Many tech giants are creating their own NFT platforms. In July, for example, such a platform on Ethereum was launched by the popular American gaming retailer GameStop.