Latest

Ethereum NFT trading volume jumped to highest level since February

  • Trading volume rose 63% last week
  • The last time such a surge was seen was in late February
  • Azuki Elementals took the lion’s share of the volume
  • Selling 10,000 NFTs brought in about $37.5 million

The Ethereum NFT trading volume hit its highest growth since February in the last week of June. Then there was a sharp swing of 109%. According to The Block’s Data Dashboard, NFT trading volume on the Ethereum blockchain increased by 63%, reaching the $88 million mark. The week before it was $53.99 million.

In particular, 10,000 NFTs (each priced at 2 ETH) from the popular Azuki Elementals collection were sold, bringing the project $37.5 million.. In total, from the volume of $88 million, Azuki Elementals is $53.3 million. The rest is distributed as follows:

Bored Ape Yacht Club – $13.97 million

CryptoPunks – $1.89 million

MutantApeYachtClub – $8.23 million

DeGods – $3.72 million

12 others – $6.93 million

It is notable that the market now has its lowest quarterly trading volume since 2020.