Data from CryptoSlam shows that trading volume in the NFT market has fallen by 11% to $134.9 million in the past week. Market participation has also decreased, with the number of NFT buyers dropping sharply by 89.83% to 73,900 and the number of NFT sellers falling significantly by 91.14% to 42,878. The number of NFT transactions increased by 1.60% to 1,781,919.
The trading volume on the Ethereum network reached 58.5 million dollars, falling 23.43% compared to last week. The trading volume on the Polygon network reached 17.8 million dollars, increasing 56.90% compared to last week. The trading volume on the Bitcoin network reached 14.2 million dollars, falling 19.47% compared to last week. The trading volume on the BNB Chain network reached 13.6 million dollars, increasing 33.54%.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Trading Volume of NFT fall 11% compared to last month
Data from CryptoSlam shows that trading volume in the NFT market has fallen by 11% to $134.9 million in the past week. Market participation has also decreased, with the number of NFT buyers dropping sharply by 89.83% to 73,900 and the number of NFT sellers falling significantly by 91.14% to 42,878. The number of NFT transactions increased by 1.60% to 1,781,919.
The trading volume on the Ethereum network reached 58.5 million dollars, falling 23.43% compared to last week. The trading volume on the Polygon network reached 17.8 million dollars, increasing 56.90% compared to last week. The trading volume on the Bitcoin network reached 14.2 million dollars, falling 19.47% compared to last week. The trading volume on the BNB Chain network reached 13.6 million dollars, increasing 33.54%.
High-value transactions this week include: