NFT transaction volume in the past 7 days fell 7.84% month-on-month to US$109.2 million

CryptoSlam data shows that the trading volume of NFTs this week decreased by 7.84% compared to the previous week, dropping from $121.5 million to $109.2 million. The number of buyers surged by 697.00% to 204,693 people; the number of sellers soared by 419.23% to 133,708; and the number of transactions decreased by 5.46% to 1,497,932 transactions.

The transaction volume on the Ethereum network decreased by 11.28% to $32.7 million, but the number of buyers more than doubled, increasing by 103.27% to 31,517 people. The transaction volume on the Bitcoin network increased against the trend by 4.63% to $22.8 million; the Mythos Chain network saw a slight decrease of 1.78% to $15 million; and the Solana network dropped by 43.44% to $10.1 million.