Number of NFT Traders on Ethereum Hits Lowest Since 2021

The number of NFT traders on Ethereum hit its lowest point over the weekend since the fourth quarter of 2021, according to DappRadar data.

The drop comes after last week’s announcement that Silicon Valley banks were collapsing, while crypto-friendly bank Silvergate said it would “cease operations.”

DappRadar said the total number of NFT trades has also bottomed out this year. Meanwhile, Polygon NFT trading volume has increased by more than 60% over the past week, according to CryptoSlam!

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