PANews reported on July 21st that according to The Block, the recent rise in Ethereum's price has driven the prosperity of its Non-Fungible Token ecosystem, with on-chain trading volume reaching the highest level since mid-January. Over the past week, the trading volume of Ethereum Non-Fungible Tokens reached $75 million, accounting for most of the total trading volume of $143.5 million across major blockchains. Compared to two weeks ago, Ethereum Non-Fungible Token trading volume increased significantly, when the weekly trading volume was only $18.3 million. During the same period, Non-Fungible Token trading volume based on Bitcoin increased from $11 million to $25.6 million, while Non-Fungible Token trading volume based on Polygon slightly declined.
NFT trading volume exceeded $140 million last week, reaching the highest level since mid-January
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