Ethereum NFT sales jumped 43% in January compared to the previous month, according to CryptoSlam.
Total sales in January came to $780.2 million, which comprised 267.6k unique sellers and 257.6k unique buyers, the data aggregator platform showed.
For comparison, total sales in December 2022 amounted to $546.8 million — consisting of 203.8k unique sellers and 188.2k unique buyers.
The jump in month-over-month sales saw a 31% increase in unique sellers and a 37% increase in unique buyers — suggesting resurging interest in NFTs. However, it was noted January’s average sale price of $372 is down on December 2022’s average of $391.
The chart below shows an uptrend in sales (black line) that peaked on Jan. 18 at $43.9 million. This was the highest sales day since May 20, 2022, when sales hit $44.3 million.
A long way to go
Although the data points to a recovery in the NFT market, January’s figures were still significantly down from the market peak in January 2022.
Back then, monthly sales came in at $5.281 billion, comprised of 305k unique sellers and 450.3k…