The first quarter of 2022 saw a record-high $10 billion in secondary sales volume. Ethereum still dominates the NFT secondary market with ~84% of the NFT secondary volume or $8.5 billion in sales throughout Q1’22.
Immutable X reported $70 million in NFT volume over the past 60 days, predominantly from GaryVee’s new NFT project.
Static NFTs (PFPs, art, and collectibles) still account for the majority of the total NFT market capitalization.
