Chainalysis

NFT transactions stabilize after explosive growth in 2021

NFT transactions exploded in 2021 as fans discovered the digital collectible tech built on the blockchain, but it has since stabilized and slowed its growth in 2022, according to a report by analysis firm Chainalysis.

Non-fungible tokens (NFTs) have been one of the most dynamic and prominent parts of decentralized web 3 technology over the last two years. And now there’s a big discussion about whether interest in NFTs is flatlining or not.

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