Here’s what happened in crypto today

Today in crypto, non-fungible tokens (NFTs) are on track to close November with strong momentum, TYMIO founder Georgii Verbitskii predicts a $180,000 Bitcoin price by the end of 2025, and Alexey Pertsev, the developer of the cryptocurrency mixing protocol Tornado Cash, will remain in detention as he awaits his trial.

NFTs record $158 million weekly sales volume, led by Ethereum, Bitcoin

Non-fungible tokens (NFTs) maintained a relatively strong weekly sales volume despite a slight decline compared to last week’s surge. 

On Nov. 24, NFT data tracker CryptoSlam showed that digital collectibles had a solid week, recording a sales volume of about $158 million over the last seven days. The data shows a 12.7% decrease compared to the week before when digital collectibles recorded $181 million in weekly sales volume. 

Despite the slowdown, the weekly volume is still well above its record at the start of November. From Nov. 4–10, NFTs had a weekly sales volume of only $93 million, reflecting a 69% increase from earlier in the month.

Leading networks by sales volume in the last week. Source: CryptoSlam

Ethereum maintained its lead for weekly NFT sales volume. The network recorded $49 million in sales, a 25.9% drop compared to last week. Bitcoin ranked second, with $43 million in sales, down 29%.

The Solana network maintained its ranking as the third highest in sales volume for digital collectibles. The network recorded $23.9 million in weekly sales, a 9% drop compared to the previous week. Meanwhile, Polygon, Mythos Chain, Immutable and BNB Chain collectively recorded a $35.8 million sales volume for the week. 

Solana led all blockchains in the number of NFT buyers. CryptoSlam data showed that Solana had over 185,000 NFT buyers for the week, a 57.99% increase from last week’s 117,000. 

The average transaction value across all networks dipped slightly, from $133.08 to $126.17.

TYMIO founder forecasts $180,000 Bitcoin by 2025

Georgii Verbitskii, the founder of the TYMIO decentralized finance platform, forecasts a $180,000…

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