According to Odaily, the NFT market has seen a decline in trading volume for five consecutive quarters. Data compiled by DappRadar indicates that the total trading volume for NFTs in the second quarter of this year fell to $823 million, compared to $4 billion in the same period last year. Despite a 19% decrease in total NFT trading volume in 2024, marking the worst year in the sector's history, current figures suggest that the market downturn has not yet reached its lowest point.

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