After a record-breaking year in 2021, the market for non-fungible tokens (NFTs) is still not showing any signs of slowing, with NFT marketplace OpenSea seeing one of its best days on record on Monday, and sales of the popular Bored Ape Yacht Club collection crossing the USD 1bn mark.

With a total of USD 255.9m changing hands on OpenSea on January 3, the day marks the highest volume for a single day since August, when the NFT mania reached its peak and gave way for a slowdown in activity during the fall, according to data compiled by the user rchen8 on Dune Analytics.