NFTScan, a company that provides infrastructure services for NFTs has just released its market report for December.
The report shows that the NFT market capitalization fluctuated between $16 billion and $21.5 billion month reaching its value in nearly three months. However trading activity, in the market decreased compared to November.
On the side the total transaction volume (TTV) for the NFT market in December increased to $431.5 million, which’s a 44.5% growth from November. Despite this growth only Blur among all the trading platforms showed a trend, in transaction volume.