Unchanging increase X and ZKEVM NFT 55 % sales in the fourth quarter 2024, but the market participation decreases

In the fourth quarter of 2024, the total NFT sales volume increased via non -changing X and non -changing ZKEVM by 55.3 % quarter of a quarter.

The latest messari analysis revealed that the number increased from $ 51.2 million to $ 79.5 million.

Market sharing declines

Despite this growth, both sellers and average daily buyers decreased significantly, as daily sellers decreased by 43.0 % from about 1500 to 880, and daily buyers decreased by 38.1 % from about 1300 to 800. This indicates a transformation of about the average average transaction values ​​amid fewer participants in the market.

The sales increase was primarily driven by a strong demand for the Guardians and Avatars NFTS, which represents more than 99 % of the total NFT trading volume in the quarter. Most of the sales occurred on the unchangeable ZKEVM, where the NFTS Syndicate is traded. ZKEVM is also unchangeable, a 73.3 % increase in the daily NFT sales volume, growing from about $ 484,000 in the third quarter to $ 839,000 in the fourth quarter, enhancing its share of the total sales volume to more than 97 % across both chains.

During the same period, the non -changeable ZKEVM ZKEVM witnessed a decrease in the user’s participation after record levels in the Q3. In fact, the average daily transactions decreased by 21.1 %, a quarter of a quarter, from about 595,000 in the third quarter to about 469,000 in the fourth quarter. Likewise, the average daily active addresses decreased by 23.8 %, from about 267,000 to 204,000, and the average daily daily addresses decreased by 29.8 % to about 32,000 by the end of the quarter.

This decrease in activity reflects wider trends in the Gamefi market, which probably reflects Messari’s slowdown after the boom in Q3 driven by popular game versions such as Guild of Guardians, IMMORTAL RISING 2 and Illuvium.

Throughout the past year, the medium developer arrival range was gradually expanded to ZKEVM. In October, the platform removed its allowance list, which allowed the publication of contracts and smart applications without permission. This step reduces entry barriers to developers, and determines the unchanged ZKEVM location to increase the activity of the developer in the coming months.

In the fourth quarter 2024, the average daily transaction fee on ZKEVM is 17.0 % quarter of a quarter, from about 574 IMX to 477 IMX. Messari attributed this decline to the decrease in the network congestion, which was the result of a lower treatment activity during this period. To improve the user experience, IMMUTABLE has implemented a policy as it covers all gas fees for fixed passports holders, remove the need for players to pay gas fees and thus reduce friction in the transaction process.

By the end of 2024, the total closed value (TVL) decreased in decentralized financing (Defi) to a non -changeable to $ 13.8 million. This decrease is likely due to a quarter of a quarter in the IMX symbol price, which reduced the value of the US dollar to closed assets.

However, IMX’s TVL TVL showed a positive trend, increasing by approximately 17 % quarter to 10.33 million IMX, indicating that the height could have been driven by capital flows despite the decrease in the value of the dollar.

SEC problem that is not changing

On November 1, 2024, IMMUTABLE announced that it had received Wales notice from the US Securities and Stock Exchange Committee (SEC) – an enforcement procedure related to the distinctive symbol sales of IMX 2021. She expressed her concerns related to the notice and issued a statement saying that it was issued with limited prior communication and less details.

Then the company highlighted that the notification was delivered shortly after the first direct interaction with the securities organizers that raised questions about the timing and transparency of the process.

Quickly forward until 2025, SEC closed many encryption investigations, with no enforcement fees resulting from investigations in OpenSea, Gemini, Robinhood Crypto and UISWAP. However, investigations into non -changing platforms, and other platforms such as Crypto.com, and unicoin are still ongoing.