The NFT market is recovering strongly with positive signals over the past week. According to a report from CryptoSlam, the total NFT trading volume increased by 8.17% to 125.1 million USD. User participation remains stable with 1,061,348 NFT buyers, maintaining a growth rate of 50.56%. Meanwhile, the number of NFT sellers increased by 8.09%, reaching 38,494. The number of NFT transactions also recorded an increase of 1.82%, reaching 1,717,339.
NFT trading volume shows impressive growth
The total trading volume of the Immutable network reached 33.3 million USD, an increase of 15.34% compared to the previous week. Meanwhile, the Ethereum network also recorded a trading volume of 25.6 million USD, with a growth of up to 31.77%. On the other hand, the Polygon network saw a decrease of 29.42%, reaching 16.5 million USD. The Mythos Chain network followed with a trading volume of 14 million USD, a slight decrease of 1.29%.
Analysis of the number of buyers on networks
NFT buyers across many blockchain networks have reported a significant increase. Specifically, Polygon leads with a growth rate of 35.63%, followed by Bitcoin with 23.22% and Mythos Chain with 19.32%. These numbers reflect the attractiveness and potential of NFTs in the cryptocurrency investment community.
Notable NFT transactions of the week
This week, the market has recorded many notable transactions. One of the most prominent sales was CryptoPunks #1831, sold for 150 ETH, equivalent to 389,846 USD. Following it was CryptoPunks #9778, also sold for 150 ETH, equivalent to 377,958 USD.
Extremely expensive NFT transactions
Other transactions include CryptoPunks #4868 sold for 76.5 ETH (201,933 USD), CryptoPunks #5586 at 70.07 ETH (185,292 USD), and CryptoPunks #7516 priced at 60 ETH (158,378 USD). These transactions not only create attraction but also demonstrate the value of investing in NFTs.
Prospects for the NFT market in the near future
With the recovery of trading volume and the increase in the number of participants, the NFT market is showing many development opportunities. Cryptocurrency investors can seek reasonable strategies to take advantage of this trend. At the same time, tracking notable transactions also helps identify valuable opportunities in the future.
Factors driving growth
The development of blockchain technology and the growing interest from the community in NFTs have significantly contributed to the recovery of the market. Unique NFT products, along with expensive transactions, will continue to attract attention from investors, creating conditions for the NFT market to explode further.
With their experience and expertise, investors need to grasp these trends to not miss profit opportunities from the NFT market. Sustainable development will require consistent investment strategies and thorough research on each specific product.
Source: https://tintucbitcoin.com/giao-dich-nft-tang-817-dat-125-trieu-usd/
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