According to data cited by Golden Finance, the non-fungible token (NFT) market saw a significant increase in trading volume and user activity over the past week. Total transaction volume rose by 17.16% to $130.7 million. The number of NFT buyers skyrocketed by 138.96% to 259,264, while sellers also increased sharply by 98.69% to 137,347, with total transactions reaching 1,498,668.
Ethereum Leads, Bitcoin Gains Momentum
Ethereum remained the dominant blockchain for NFT trading, posting a 21.47% weekly increase in volume to $41.3 million. Meanwhile, Bitcoin surged to second place, with its NFT transaction volume jumping 53.53% to $22.6 million.
Mixed Performance Among Competing Chains
Polygon experienced a decline, with trading volume dropping 22.85% to $14.5 million. Mythos Chain secured fourth place at $13.3 million, while Solana rounded out the top five with an $8.9 million volume, marking a 17.31% increase.
The data highlights renewed investor interest in NFTs, with Ethereum and Bitcoin emerging as the primary beneficiaries of the latest market activity.
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