馃専 NFT Market Shows Signs of Recovery 馃搱
According to Galaxy Research, the NFT market is showing signs of recovery. Trading volumes, which had been declining for most of the year, began to reverse in November. By early November, weekly volumes surpassed $100 million, reaching $172 million on December 2. This recovery is primarily driven by an increase in activity across the top 25 NFT collections. Marketplaces such as OpenSea and Blur have seen a significant increase in engagement, accounting for 60% and 27% of total trading volume, respectively.
