Trading volume on the Non-fungible token (NFT) market rose to $2 billion in February. It returned to pre-crisis levels, LUNA, according to DappRadar’s industry report.
NFT trading volume jumped 117% from $956 million in January, according toinformation ofDappRadar
But despite the significant increase in NFT trading volume, But sales fell 31.46%, down to 6.3 million from 9.2 million in January.
In February, Ethereum ( ETH ) remains the top blockchain by NFT trading volume, with $1.8 billion in trading volume. This is up 174% from $659 million in January and ETH represents 83.36% of the total NFT market.
Solana ( SOL ) and Polygon ( MATIC ) followed in second and third. It had the highest NFT trading volume in February. Although SOL was in second place with $75 million in trading volume, it was still down 12% from $86 million in January. And vice versa, MATIC rose 147% in February to $39 million from $16 million the previous month.
refer : LINK
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