NFT transaction volume increased by 17.16% to US$130.7 million in the past 7 days, and the number of buyers and sellers increased by about 100%.

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PANews
05-18
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PANews reported on May 18th that according to Crypto.news, CryptoSlam data shows a strong market rebound in the past week, with transaction volume jumping 17.16% to $130.7 million. Non-Fungible Token buyers increased by 138.96% to 259,264, and Non-Fungible Token sellers grew by 98.69% to 137,347. Non-Fungible Token transaction count slightly decreased by 1.14% to 1,498,668.

Ethereum remains the primary blockchain for Non-Fungible Tokens, with a transaction volume of $41.3 million, an increase of 21.47% from the previous week. Bitcoin surged to second place with a transaction volume of $22.6 million, a growth of 53.53%. Polygon's transaction volume was $14.5 million, a decline of 22.85%. Mythos Chain ranked fourth with $13.3 million in transactions, and Solana was fifth with $8.9 million, showing a 17.31% increase.

High-value transactions this week include:

  • Known Origin #30101 sold for 410,532.5625 USDC ($410,532)
  • CryptoPunks #3281 sold for 148 ETH ($384,286)
  • CryptoPunks #1507 sold for 80 ETH ($204,711)
  • CryptoPunks #9460 sold for 81 ETH ($202,324)
  • Mutant Ape Yacht Club #30001 sold for 194,815.0469 USDC ($194,815)

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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