ON–149: NFTs (Part 2)
Coverage on Flow.
Dec 9, 2022
- In terms of users, Flow has seen solid growth over 2022, now with over 10% of overall share of the NFT market by users. Flow's daily average NFT users is around 8.5k, inching closer to Solana's daily average of just under 15k.
- Looking at volume, Ethereum remains dominant, largely due to sales on high-value collections like BAYC. Volume is a good comparative metric, however, context is important: a hot narrative on Flow right now is NFT gaming growth, where number of users is a more important metric than the floor price.