# Global NFT Marketplace

In 2021, the popularity of non-fungible tokens skyrocketed, with multimillion-dollar sales smashing records. Statista, ''the NFT market will surpass $40 billion in 2021. According to DappRadar, the trade volume of NFTs in 2021 was $24.9 billion. This is an increase from $95 million in 2020. In 2021, there were 2.7 million unique active wallets as a proxy for users, with 49 percent of those users connected to NFT games. Although the average NFT price fluctuated between $6,900 and $1,300 in January, a recordbreaking 2.4 million NFTs (worth $4.8 billion) were traded on OpenSea. Over the previous 30 days, the total sales value was around 87 million dollars as of February 15, 2022.

In 2020, NFT projects in art and gaming valued several millions of dollars, but they were significantly smaller than in 2021''.

<figure><img src="/files/q5aI80SmzSPcNz0EmNSG" alt=""><figcaption><p><strong>Fig; Market size of NFT in different segments worldwide 2018-2021</strong></p></figcaption></figure>


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