According to a report published by DappRadar, NFT trading volume approached $1 billion in November as the cryptocurrency market overall rose.
The report highlights that the NFT industry maintained its upward momentum for the second consecutive month, with transaction volume surging 125% in November, indicating a shift in user behavior compared to the sluggish early days of NFT trading. In addition to rising transaction volume, the average value of NFT transactions also increased by 114%, climbing to $270 from $126 in November.
The report also pointed out that the number of daily unique active wallets (UAW) of Lianyou increased by 14%, accounting for 34% of DApps. In addition, from the beginning of 2023 to October, chain gaming projects successfully received US$2.3 billion in investment and financing. (Cointelegraph)