In December 2024, the NFT market has seen a resurgence, with monthly sales volume surpassing $630 million, marking the best performance since April when it reached $1.2 billion. Notably, the platform Pumpdotfun has achieved over $60 million in monthly volume for the second consecutive month, with eight days remaining in December. This performance highlights the growing interest in NFTs, with projections suggesting a potential for over $1 billion in monthly volume early in the first quarter of 2025. Additionally, Hyperliquid reported generating $40 million in revenue over the last 30 days, although Pumpdotfun's revenue was 2.4 times higher, indicating a competitive landscape among NFT platforms.