The NFT market has posted a modest recovery, with sales volume rising by 1.95% to $106.2 million. This marks a stabilization after last week’s drop.
At press time, Bitcoin (BTC) price has surged to the $105,000 level. At the same time, Ethereum (ETH) has shown no significant movements in the last seven days. The global crypto market cap is now $3.28 trillion, up from last week’s $3.25 trillion.
According to data from CryptoSlam, market participation continues to grow, with NFT buyers increasing by 55.08% to 826,992. At the same time, NFT sellers rose by 18.12% to 257,017. However, NFT transactions have dropped by 24.94% to 1,651,758.
Ethereum NFT sales drop 15%
Ethereum maintains its leading position with $30.3 million in sales. However, it has fallen 15.57% from the previous week. Ethereum’s wash trading has also increased by 11.33% to $1.8 million.
Immutable (IMX) has surged to second…
