The NFT market shows signs of recovery! 📈

According to the latest report from Galaxy Research, the NFT market has finally seen the dawn of recovery after a period of downturn. NFT trading volume saw a notable reversal in November as the U.S. election approached and the cryptocurrency market rebounded. Especially in early November, weekly trading volume exceeded $100 million for the first time since May and reached $172 million in early December.

This wave of recovery is mainly due to the increase in activity of the top 25 NFT collectibles by market value. Participation in major markets such as OpenSea, Blur and Magic Eden has also increased significantly, with Blur and OpenSea accounting for 60% and 27% of transaction volume respectively in the past 30 days. 🔍

NFT enthusiasts, this may be a moment worth paying attention to! 🚀