Radix released its Premium Domains Performance Report for the second half of 2023, highlighting significant growth and robust sales across its domain portfolio. The report showcases a remarkable 28% year-over-year growth in premium domain sales, totaling $4.8 million in retail revenue, up from $4.64 million in the first half of the year.

The sales were driven by a mix of renewals and new registrations, with $3.1 million generated from renewals and $1.3 million from new domain acquisitions. Notably, a single transaction involving the domain ‘betting.online’ contributed an additional $400,000 as one-time premium revenue.

The report also reflects industry trends, highlighting the consumer shift towards shorter domains and meaningful matches between domain names, indicating a scarcity of good names in legacy TLDs. Particularly in .Tech, a wide range of sectors continue to adopt these domains, underscoring its broad appeal.

Read the complete report here.⁠⁠⁠⁠⁠⁠⁠