NFT Weekly Trading Volume Surpasses $140 Million, Reaching a New High Since Mid-January

By: theblockbeats.news|2025/07/21 00:12:17

BlockBeats News, July 21st, reported by The Block, Ethereum's recent price surge has driven a resurgence in its NFT ecosystem, with on-chain transaction volume reaching its highest level since mid-January. Over the past week, Ethereum's NFT transaction volume reached $75 million, accounting for a significant portion of the total NFT transaction volume of $143.5 million across major blockchains. Compared to two weeks ago, Ethereum's NFT transaction volume has increased significantly, with the chain's weekly transaction volume at that time being only $18.3 million. Meanwhile, Bitcoin-based NFT transaction volume has also increased from $11 million to $25.6 million, although Polygon-based NFT transaction volume has seen a slight decrease.

From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."

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