The Non-Fungible Token (NFT) market saw a huge increase in sales throughout July, up 47.6% to $574 million. This jump in demand happened despite the active buyer pool shrinking 17% to 713,085. Sales skyrocketed, breaking records across the board. They were short of January’s all-time high of $678.9 million. Even...

On Wednesday, Immutable, one of the leading players in the growing non-fungible token (NFT) space, announced it had just crossed a major threshold. The platform’s rise has been so profound that it has recently overtaken Ethereum in weekly NFT sale volume, marking the beginning of a competitive landscape reshuffle. This...