According to PANews, the NFT market experienced a substantial increase this week, with total transaction volumes reaching $196.2 million. This marks a 34.23% rise compared to last week's $146.5 million. The number of NFT buyers surged to 693,833, reflecting a growth rate of 20.29%, while the number of sellers increased to 402,069, showing a 15.97% rise.
Ethereum's NFT blockchain emerged as the top performer, with sales nearly doubling to $100.9 million, representing a 97.33% increase over the past seven days. The network attracted 61,020 buyers, a growth of 23.15%. Despite maintaining its second position, the Bitcoin NFT ecosystem saw a slight decline of 6.84%, with sales amounting to $45.1 million. However, the Bitcoin network continued to demonstrate strong user engagement, with 67,188 buyers, an increase of 22.38% from the previous week.
