Ethereum's non-fungible token (NFT) transaction volume has surged to $186 million last week, denoting the highest level in the preceding three months. This represents a significant 67% increase from the previous week's $111 million, largely attributed to the token launch of the Pudgy Penguins (PENGU) collection. The Pudgy Penguins' token launch has sparked an upswing in interest in other prominent projects, with Azuki and Doodles witnessing a surge in trading activity, reaching $23 million and $17 million, respectively. "Ethereum NFTs are experiencing a resurgence in popularity," said an industry expert. "The Pudgy Penguins' success has demonstrated the enduring demand for high-quality NFT projects." This recent surge in Ethereum NFT transaction volume underscores the resilience of the NFT market despite the broader market downturn.

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