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The non-fungible token market has recorded positive growth in December, marked by a massive surge in trading sales volume and market capitalization. In December, the NFT market saw its trading sales volume rise to nearly $1 billion, up over 55% from November 2024. This continued NFT surge was fueled by the recent resurgence in the Ethereum-based NFTs and Donald Trump’s recent re-election in the United States, among other factors.

NFT Sales Surge +50% In December 2024

Data compiled by cryptoslam.io, an on-chain crypto market data aggregator and a non-fungible token market data explorer, shows that the global non-fungible token market has surged in trading sales volume in December 2024. From December 01 to December 30, 2024, the NFT market recorded a trading sales volume of $874 million, up over 55% from November. The NFT market recorded just $561 million in November 2024.

Ethereum, the blockchain network renowned in the NFT market for hosting the majority of blue-chip NFTs, has been the most traded blockchain network in the NFT market, outperforming Bitcoin by almost threefold. In the past 30 days, the Ethereum–based NFTs have amassed a trading sales volume of $484 million. During this period, the Ethereum NFT trading sales volume has surged by 70% from the past month.

Bitcoin, the blockchain network renowned in the non-fungible token market for hosting Runes, Ordinals, and BRC-20 NFTs, has recorded negative growth in December, becoming the second most-traded blockchain network in the NFT market. In the past 30 days, the Bitcoin-based NFT collections have recorded a trading sale volume of $172 million. During this period, the Bitcoin NFT trading sales volume has fallen by 16.94% from the past month.

Source: cryptoslam.io, NFT sales volume by blockchains in the past 30 days

Solana, a blockchain network that uses a proof-of-stake mechanism to provide smart contract functionality for decentralized applications (DApps) and non-fungible token collections, has also recorded negative growth in December, emerging third most-traded NFT blockchain in the NFT market. In the past 30 days, the Solana-based NFT collections have raised a trading sales volume of $101 million. During this period, the Solana NFT trading sales volume has plunged by 4.58% from the past month.

Immutable, an Ethereum Layer 2 scaling solution network, renowned in the NFT market for hosting blockchain games, including the Illuvium, Gods Unchained, and Guild of Guardians, has been the fourth most traded blockchain net in the NFT market in December 2024. In the past 30 days, the Immutable-based NFTs have raised a trading sales volume of $36 million. During this time, the Immutable NFT sales volume has surged by 54% from the past month.

Mythos Chain, a permissioned Ethereum Virtual Machine (EVM) blockchain network optimized for in-game assets within the Mythical Games ecosystem, has been the fifth most-traded network in the NFT market in December 2024. In the past 30 days, the Mythos-based NFT collections have raised a sales volume of $26 million, closing our five top-traded NFT blockchain networks in December 2024. The Mythos Chain NFT sales volume has plunged by 33% this December.

Top Selling NFT Collections In December 2024

1. Pudgy Penguins NFT Collection

Pudgy Penguins, a non-fungible token collection from the digital asset firm Igloo Inc. featuring a limited set of 8,888 digital items hosted on the Ethereum blockchain network, has been the top most-selling non-fungible token collection in the NFT market in December. From December 01 to December 30, 2024, the Pudgy Penguins NFT collection recorded a trading sales volume of $115 million. Pudgy Penguins NFT sales volume has surged by 673% from the past month.

2. $?? BRC-20 NFT Collection

$??, a renowned digital collectible collection created on the Bitcoin blockchain network, is this month’s second most-selling NFT collection in the NFT market. BRC-20 tokens are a new class of fungible tokens that operate on the Bitcoin blockchain network, utilizing the popular BRC-20 protocol to enable smart contract functionalities. From December 01 to December 30, the $?? BRC-20 NFT collection has recorded a trading sales volume of $42 million, down 41% from the past month.

3. Azuki NFT Collection

Blue-chip Azuki, a non-fungible token collection from the digital asset incubation studio Chiru Labs featuring a limited set of 10,000 anime-themed NFTs hosted on the Ethereum blockchain, has been the third most-selling NFT collection in the global NFT market in December 2024. In the past 30 days, the Azuki NFT collection has raised a trading sales volume of $40 million. During this period, the Azuki NFT sales volume has surged by 595% from the past month.

4. Lil Pudgy NFT Collection

Lil Pudgy, another non-fungible token collection from the digital asset firm Igloo Inc. featuring a fixed edition of 22,222 NFTs hosted on the Ethereum blockchain network, has the fourth most-selling NFT collection in the NFT market in December 2024. In the past 30 days, the Lil Pudgy NFT collection has amassed a trading sales volume of $34 million. Lil Pudgy NFT sales volume has surged by 884% from the past month.

5. CryptoPunks NFT Collection

CryptoPunks, a non-fungible token collection featuring a fixed supply of 10,000 pixilated NFTs previously created by Larva Labs and now managed by Bored Ape NFT creator Yuga Labs, has been the most-selling NFT collection in December. From December 01 to December 30, the CryptoPunks NFT series has recorded a trading sales volume of $30 million. During this period, CryptoPunks NFT sales volume has plunged by 38% from the past month.

6. Guild of Guardian Heroes NFT Collection

Guilds Of Guardian, a non-fungible token collection from the popular video gaming platform Guilds of Guardians hosted on the Immutable X blockchain network, has been the fifth most-selling NFT collection in the NFT market in December. From December 01, 2024, to December 30, 2024, the Guilds of Guardians Heroes NFT collection has raised a trading sales volume of $26 million. During this period, the Guilds of Guardian NFT sales volume has surged by 38% from the past month.

7. DMarket NFT Collection

DMarket, a non-fungible token collection that represents in-game virtual items of popular online games like Counter-Strike and Dota 2, was the seventh most-selling non-fungible token collection in the global non-fungible token market in December. From December 01, 2024, to December 30, 2024, the DMarket NFT collection has attracted a trading sales volume of $25 million. During this period, the DMarket NFT sales volume has surged by 6.28% from the past month.

8. Doodles NFT Collection

Doodles, a non-fungible token collection from digital artist Burnt Toast featuring a limited set of 10,000 hosted on the Ethereum blockchain network, has the eighth most-selling NFT collection in December. In the past 30 days, the Doodles NFT collection has raised a trading sales volume of $20 million. During this period, the Doodles NFT trading sales volume has surged by $204 million.

9. Bitcoin Puppets NFT Collection

Bitcoin Puppets, a non-fungible token collection featuring a limited set of 10,000 NFTs created on the Bitcoin blockchain network using the popular ordinal protocol, has been the ninth most-selling NFT collection in the NFT market in December. From December 01, 2024, to December 30, 2024, the Bitcoin Puppets NFT collection has recorded a trading sales volume of $17 million. During this time, the Bitcoin Puppets NFT sales volume has surged 8.08% from the past month.

10. Bored Ape Yacht Club NFT Collection

Bored Ape Yacht Club, a non-fungible token collection from the digital asset incubation firm Yuga Labs that features a limited supply of 10,000 NFTs hosted on the Ethereum blockchain network, has been the tenth most-selling NFT collection in December. In the past 30 days, the Bored Ape Yacht Club NFT collection has raised a trading sales volume of $14 million. During this period, the Bored Ape Yacht Club NFT trading sales volume has plunged by 28% from the past month.

The NFT Market Prediction For January 2025

The non-fungible toke market has recorded significant gains in December, fueled by a surge in Ethereum NFTs. Since many Ethereum-based NFT collections, including the Pudgy Penguins, Doodles, and Azuki, have ready plans to launch community interactions in the coming weeks, NFT trading sales volume is expected to skyrocket. Industry experts predict a huge NFT Bull Run in 2025.