Number of unique NFT buyers soars to all-time high in January

Unique non-fungible token (NFT) buyers hit an all-time high (ATH) in January with more than 895,000 shoppers, according to data tracker CryptoSlam.

Fast facts

• The new ATH recorded an almost 3,000% year-over-year increase and a 6.5% month-over-month growth.

• The number of unique sellers grew by almost 14% from December to January with 741,865 vendors, just 40,000 shy of an ATH set in November.

• January marks the third consecutive month where CryptoSlam’s data tracked over 800,000 unique buyers, indicating growing interest in NFTs while traditional and crypto markets remain volatile.

• Ethereum continues to be the dominant blockchain for NFTs, accounting for US$3.9 billion worth of sales in January, while Solana tallied the second-highest volume at US$190 million.