Odaily Planet Daily News: With the recovery of Ethereum prices, November's NFT monthly sales exceeded $562 million, a significant increase of 57.8% compared to October's $356 million. Among these, Ethereum network sales surpassed $216 million, up 12% from October. However, the monthly trading volume of NFTs is still far from reaching the peak of 2024. In March of this year, NFT sales reached a yearly high of $1.6 billion. However, it has remained sluggish and hit the lowest point since 2021 in September at $303 million. CryptoSlam data also shows that CryptoPunks led the NFT market in November with over $49 million in sales over 30 days, a month-on-month increase of 392%. It recorded 388 sales transactions, an increase of 213% compared to October. Besides CryptoPunks, the Pudgy Penguins series also had an impressive November, with monthly sales skyrocketing by 262%, reaching $16 million. (Cointelegraph)
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Ethereum Price Rebound Drives NFT Market Recovery, November NFT Sales Exceed $562 Million
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