#NFT
THE VOLUME OF NFTs INCREASES IN THE MARKET.
• The trading volume of NFTs increased by 17.23% to $139.65M - the second consecutive week of growth
• The second quarter showed an interesting pattern: total volume decreased to $1.3B (down from $1.6B in the first quarter), but sales rose by 78%
• Suggests a shift towards smaller, more frequent transactions
• Weekly growth report of NFT volume
Key Growth Factors
• Blockchain Performance: Immutable leads (+81.73%, $57.5M), followed by Ethereum (+42.96%, $25.6M)
• Price Accessibility: an ~80% drop in prices creates entry opportunities, driving sales despite lower values.