Although the NFT market has seen a 75% decrease in transaction volume so far in the third quarter compared to the second quarter to $2 billion, the number of sales is expected to increase by 6% to 21.1 million by the end of the third quarter.
In the third quarter, the market value (in USD) of Ethereum’s top 100 NFT projects fell by 44% compared to the second quarter to $19 billion; in the same period, the market value in ETH fell by only 27% to 12.21 million ETH.
The number of independent traders increased by 36% compared to the third quarter of 2021.
In the third quarter, transactions on the Ethereum network accounted for 91% of the total NFT transaction volume, but only 26.2% of the number of sales.
ImmutableX trading volume rose against the trend, increasing 87% compared to the second quarter.
As of September, Yuga Labs-related NFT series assets accounted for 46.21% of the entire NFT market value.
The floor price of Azuki series increased by 43.18% compared with August, reaching 11.4 ETH.
CryptoPunks is the NFT series with the highest holding time, up to 239 days.
