PANews, July 21 news, according to The Block, the price of Ethereum has recently risen, driving the prosperity of its NFT ecosystem, with on-chain transaction volume reaching its highest level since mid-January. In the past week, the transaction volume of Ethereum NFTs reached $75 million, accounting for most of the total transaction volume of $143.5 million on major blockchains. Compared to two weeks ago, the transaction volume of Ethereum NFTs has significantly increased, when the weekly transaction volume on the chain was only $18.3 million. During the same period, the transaction volume of Bitcoin-based NFTs also increased from $11 million to $25.6 million, although the transaction volume of Polygon-based NFTs saw a slight decline.