NFT trading volume in the past 7 days dropped by 16.76% to 105.70 million USD, while both the number of buyers and sellers increased.

Odaily Planet Daily reports that according to CryptoSlam data, the NFT market experienced a significant decline last week, with transaction volume dropping 16.76% to 105.70 million USD. The number of NFT buyers increased by 55.35% to 699,471, while the number of NFT sellers rose by 19.22% to 242,898. The number of NFT transactions surged 34.31% to 2,233,547.

Ethereum transaction volume reached 36.50 million USD, up 28.43% from the previous week; Polygon transaction volume was approximately 15 million USD, down 25.88% week-over-week. Mythos Chain transaction volume was about 13.50 million USD, down 3.39% week-over-week; Bitcoin network transaction volume was approximately 13.20 million USD, down 27.10% from the previous week. (Crypto.news)