According to TechFlow, on December 18, CoinDesk reported that Galaxy Research's latest research report showed that the NFT market has begun to recover since the US election in November, with weekly trading volume reaching US$172 million on December 2, a record high since May. Blur and OpenSea accounted for 60% and 27% of the total trading volume in the past 30 days, respectively.
Among the popular NFT projects, the Pudgy Penguins ecosystem performed outstandingly, with the floor prices of the Pudgy Penguins and Lil Pudgys series rising by 206% and 265% respectively. Analyst Gabe Parker pointed out that this round of recovery was mainly driven by the increased activity of the top 25 series by market value.
