According to BlockBeats, NFT Price Floor data shows that the top ten NFT series have increased by an average of 6.4% in the past seven days, significantly better than the average performance of the crypto token market of -8.6%. Space Doodles led the way with a 44.7% gain.
However, the overall trading activity in the market is still weak. The weekly trading volume of Ethereum NFT was US$129 million, a decrease of 28.5% month-on-month; the NFT trading volume on Bitcoin and Solana chains fell by 46% and 38.5% respectively.
Mainstream NFT families are still significantly off their all-time highs: CryptoPunks is down 65% from its October 2021 high of 114 ETH, and BAYC is down 87% from its April 2022 high of 128 ETH.
