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On-chain analysis

1 minute read

NFT Markets Sees a 68% Fall From May To August

September 4, 2022

A comparison of NFT activities across different chains – Ethereum, Solana, Avalanche, and BNB Chain. August saw a total of $1.6B in total volume, the same as July, but only 31% of that of May, which was $5.2B.

Source: Dune/Tom Wan (21Shares)

Volume

– August saw a total of $1.6B in total volume, the same as July, but only 31% of that of May, which was $5.2B.
– Comparing Aug and Jul, ETH and SOL saw a slight rise in volume, while AVAX dropped by 29.4%, and BNB by 62.6%. pic.twitter.com/f38HiRtRsj
— NFTgators 🐊 (@NFTgators) September 4, 2022

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