NFT market transactions surge: Ethereum and Bitcoin lead the way, followed by Solana

According to the latest report, the total transaction volume of the NFT market this week reached $179.48 million, an increase of 90.74% compared with the previous week. This significant increase reflects the continued activity of the NFT market and strong investor demand. The following is the transaction data and analysis of major blockchain platforms:

1. Ethereum NFT continues to lead the market

Ethereum NFT still maintains its leading position in the market, with transaction volume reaching US$67.72 million within seven days, a month-on-month increase of 126.79%. As the main platform for NFTs, Ethereum continues to attract a large number of creators and investors with its strong ecosystem and rich project support.

2. Bitcoin NFT ushered in explosive growth

The Bitcoin NFT market also performed well, ranking second with a transaction volume of US$59.96 million, a month-on-month increase of 129.22%. Although Bitcoin started late in the NFT market, as its infrastructure gradually improves and market demand increases, NFT transaction volume is catching up.

3. Strong growth in Solana digital collectibles

Solana-based digital collectibles also showed strong growth, with transaction volume reaching $24.39 million, an increase of 91.85% from the previous week. With its low transaction costs and fast transaction confirmation time, Solana has attracted a large number of NFT projects and users, becoming the third largest trading platform.

4. The rapid rise of Blast blockchain

While the total transaction volume of the Blast blockchain is still relatively limited at only $718,850, it has achieved a growth of 256.30% in the past week, showing the potential of the platform in the NFT market. Despite its current small size, Blast’s rapid growth is worthy of attention and may become a new growth point in the future.

Summarize:

The NFT market has shown strong growth momentum this week, especially driven by mainstream platforms such as Ethereum, Bitcoin and Solana. As the NFT market continues to mature and new platforms emerge, more innovative projects may emerge in the future. Investors should pay close attention to the dynamics of these platforms and seize potential investment opportunities.

If you want to know more about the latest information about NFT and cryptocurrency market, click on the avatar to follow me, and I will keep you up to date with the latest industry trends and investment opportunities!

#ACA #CLV #xlm #BONKUSDT #QNT/USDT $ACA $CLV $OM