NFT transaction volume increased by 5.69% to $106.6 million this week, despite a significant drop in the number of buyers and sellers, according to CryptoSlam data. The number of NFT buyers fell by 69.84% to 180,693, while sellers decreased by 70.87% to 123,713. However, the total number of transactions rose by 2.60% to 1,754,295.
Ethereum network's transaction volume declined by 4.95% to $34.02 million, while Mythos Chain saw a 61.06% increase to $15.5 million. Polygon network's volume dropped by 14.39% to $13.37 million. Notable sales included CryptoPunks #2368 for 89 ETH ($408,599) and CryptoPunks #5702 for 57.95 ETH ($264,994).
NFT Market Sees 5.69% Volume Rebound Amid Sharp Decline in Participants
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