Data: NFT sales in September amounted to $296 million, marking the lowest monthly record since January 2021

ChainCatcher news, CryptoSlam data shows that NFT sales in September amounted to $296 million, a 20% decrease from August's $373 million. This figure is an 81% drop from the peak sales of $1.6 billion recorded in March 2024. This marks the first time since January 2021 that monthly NFT sales have fallen below $300 million.

In addition to the decline in sales, the total number of NFT transactions also decreased from 7.3 million in August to 4.9 million in September, a drop of 32%.

Despite the poor performance of several metrics in the NFT space in September, the average value of NFT transactions increased from $50.71 in August to $60 in September, an increase of 18%.