NFT Market Experiences Decline in Weekly Trading Volume

According to Odaily, NFT trading volume has decreased to $102 million this week, marking a 3.19% drop from the previous week. Despite the decline in trading volume, the number of NFT buyers surged by 71% to 350,063, while sellers increased by 68.57% to 225,465. The total number of NFT transactions rose by 16.90%, reaching 1,696,996. On the Ethereum network, NFT trading fell by 13.03% to $27.7 million, although the number of buyers grew by 42.17% to 44,850. Meanwhile, Bitcoin network trading volume decreased by 30.69% to $16.3 million, with a 63.67% increase in buyers, totaling 31,251. The Mythos Chain network saw a slight rise of 3.12% in trading volume, reaching $15.6 million, ranking third in the market.