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Developer news items we found relating to active wallets

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NFT-marketplace-SuperRare-sees-3rd-year-of-decline

NFT marketplace SuperRare sees 3rd year of decline


Tuesday, August 20, 2024 by

The global NFT market is facing another bumpy year, with the total number of active wallets and NFT sales value recorded on the Ethereum, Ronin, and Flow blockchains sinking to the lowest level since early 2021. Collectors are spending less and less money on digital artwork, and this negative trend is reflected by their monthly visits to one of the top NFT marketplaces,...


NFT-activity-continues-to-decline

NFT activity continues to decline


Thursday, June 13, 2024 by

The last two years have been rough for the NFT market, and 2024 doesn't look much better. With falling sales and investors losing appetite for digital artwork, market projections became less optimistic, showing only a modest 2.6% annual growth by 2028, twenty times less than this year. Moreover, the entire market faces a substantial user drop, showing that global in...


NFT-momentum-continues-downward-per-AltIndex

NFT momentum continues downward per AltIndex


Wednesday, March 27, 2024 by

Ever since reaching a peak in September 2021, global NFT sales have been consistently falling as collectors spend less and less money on digital artwork. Although revenues of NFT marketplaces are still expected to see double-digit growth, rising by 41% year-over-year to $2.37 billion in 2024, the market is losing its momentum, and this trend is set to continue in the fo...