In November, the NFT sales volume surged to $129 million, recording a sharp increase from the previous weeks, as per the Nansen analytics platform. Commencing at 29,704 ETH (approximately $56 million) on October 9, the sales expanded steadily, reaching 68,342 ETH, equivalent to over $129 million. Blur dominated the NFT trading scene with a 30-day volume of 161,433 ETH (around $305 million), surpassing OpenSea’s 52,307 ETH ($100 million). Notably, Bored Ape Yacht Club (BAYC) led the collections with a trading volume of 35,226 ETH ($66.7 million), followed by Mutant Ape Yacht Club (MAYC) and The Captainz. Despite CryptoPunks retaining its top market capitalization, its trading volume stood at 5,773 ETH. Moreover, there’s been a 12% rise in NFT traders over the last week, marking an upswing in NFT activities amidst news of OpenSea’s staff reduction in preparation for its version two launch.
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