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23 Jan 2023

Increasing NFT trading volume

Blockchain

According to CryptoCoin News and Dune Analytics, a much-anticipated increase in NFT trading volume on OpenSea was registered in January 2023 with a total of $368M of NFT sales made in the first month of the year (as of January 26, 2023). The trading volume has reached a record high since August 2022. As for the NFT sales volume (last 30 days were analyzed), Ethereum is way ahead of other blockchains; Solana is the second most popular one.