NFT Trading Volume Sees Significant Increase Across Multiple Blockchains

According to PANews, the period from December 7 to December 14 witnessed a notable rise in NFT trading volumes, with a 16.27% increase across 22 different blockchains, reaching a total of $224.41 million. Ethereum led the market with over $119 million in transactions, marking a 22% increase from the previous week. Bitcoin's NFTs followed, accumulating $51.64 million, which represents a 14.31% week-on-week growth. Solana was close behind, with a trading volume of $21.44 million, reflecting a 32% increase. Additionally, BNB Chain experienced a remarkable surge in trading volume, with a week-on-week increase of 368%, while Blast saw a significant rise of 262%. Among the most popular NFT collections, Ethereum-based Pudgy Penguins stood out, with a 52% increase in trading volume compared to the previous week. This data highlights the growing interest and activity in the NFT market across various blockchain platforms.