NFT Market Surges 30% – Ethereum Network Leads the Charge

The NFT market experienced a significant surge in transaction volume over the past week, reaching $173.2 million. This growth was primarily driven by the Ethereum network, which saw an impressive 85% increase in activity. While overall transactions declined slightly (-10.65%), this rise reflects heightened participation from buyers and sellers alike. 30% growth demonstrates a strong market response to current trends. 85% of the transaction volume was driven by Ethereum alone, highlighting its dominance within this ecosystem.