A report from DappRadar unveiled that the sale of non-fungible tokens (NFTs) in 2022 surpassed 100 million, continuing to play a paramount role in the growth of the emerging Web3 industry. The NFT sale count last year was 101 million, representing more than a 67% upside from 2021’s figures.

According to the report, the Ethereum ecosystem holds 21% of the global NFT market share with over 21.2 million transactions processed, followed by Wax which hosted 14.5 million transactions, Polygon with 13.3 million tag-tailed by Solana with 12.9 million.

The report also highlights the growth of decentralization, blockchain technology adoption and the resilience of the dApp (decentralized application) industry. DappRadar expects that 2023 will bear more excitement for crypto traders, forecasting new and innovative applications to be developed and adopted.

Sources:

https://dappradar.com/blog/dapp-industry-report-2022-dapp-industry-proves-resilient-in-crypto-winter

https://nftevening.com/nft-sales-hit-101-million-in-2022-dappradar-report/