Don’t call it a comeback – they never left! Sales volumes of NFTs grew to $10.7 billion in Q3 of this year. They registered an increase of 704% from the previous three-month period with the P2E movement evolving into one of the most important drivers behind this development.
Axie Infinity is now the most traded NFT collection in the world – in September it went past $2 billion in all-time trading volume. It is also the first Dapp that managed to reach those numbers.
A report by DappRadar mentions: “Currently, Axie Infinity’s historical trading volume ascends to $2,18 billion. To put that in perspective, the closest collection is CryptoPunks, lagging $800 million behind.”
The game has also registered over 1,5 million active users in Q3, being then called the “spearhead of the P2E movement.”
Source: Cryptoslate.com