NFT trading volume surpassed $140 million last week, reaching a new high since mid-January

According to Jinse Finance, the recent rise in Ethereum’s price has driven a revival in its NFT ecosystem, with on-chain trading volume reaching its highest level since mid-January. Over the past week, Ethereum NFT trading volume reached $75 million, accounting for the majority of the $143.5 million in total NFT trading volume across major blockchains. Compared to two weeks ago, Ethereum NFT trading volume has seen a significant increase, as the chain’s weekly trading volume was only $18.3 million at that time. During the same period, Bitcoin-based NFT trading volume also rose from $11 million to $25.6 million, while Polygon-based NFT trading volume saw a slight decline.