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NFT trading volume witnesses a significant increase across multiple blockchains
According to the Panamanian news agency, the period from December 7th to December 14th witnessed a significant increase in NFT trading volumes, with a 16.27% increase across 22 different blockchains, reaching a total of $224.41 million. Ethereum dominated the market with over $119 million in transactions, representing a 22% increase from the previous week. Bitcoin NFTs followed with $51.64 million, reflecting a weekly growth of 14.31%. Solana came next with a trading volume of $21.44 million, reflecting a 32% increase.
In addition, BNB network witnessed a significant increase in trading volume, with a weekly increase of 368%, while Blast saw a significant increase of 262%. Among the most popular NFT groups, Penguins Pudgy stood out on Ethereum, with a 52% increase in trading volume compared to the previous week. These data highlight the growing interest and activity in the NFT market across various blockchain platforms.#Crypto Rebound: Which Coins Are You Watching? #BTC Returns to $100K: What’s Next? #Join Gate Post User Survey & Win $1,000