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NFT Sales Dip Around Christmas for the Second Year in a Row

NFT trading volume fell from over $24 million on Dec. 20 to $12.9 million on Dec. 25 of this year — a 46.5% decrease. 

In 2021, NFT trading volume decreased from $80.8 million on Dec. 22 to $64.3 million on Dec. 25, according to the NFT data tracker CryptoSlam. 

Christmas transaction volume fell 80% in 2022 compared to 2021, due to the depressed crypto market afflicting this year. The downturn affected NFT marketplace transactions considerably, leading to consecutive decreases in transaction volume for the past eight months, with December's data incomplete.

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