The NFT Market Experiences Continuous Decline in Trading Volume

According to Odaily, the NFT market has witnessed a decline in trading volume for five consecutive quarters. Data compiled by DappRadar shows that the total NFT trading volume in the second quarter of this year dropped to 823 million USD, compared to 4 billion USD during the same period last year. Although the total NFT trading volume decreased by 19% in 2024, marking the worst year in the industry's history, current figures indicate that the market's downturn has not yet reached its lowest point.#NFTDreams