Data: This week's NFT transaction volume reached 196.2 million US dollars, an increase of 34.23% from last week

CryptoSlam data shows that the NFT market’s weekly turnover reached $196.2 million, an increase of 34.23% from last week’s $146.5 million. Market activity increased significantly, with the number of buyers increasing by 20.29% to 693,833 and the number of sellers increasing by 15.97% to 402,069.

Ethereum NFT transaction volume surged 97.33% to $100.9 million, with 61,020 buyers. Bitcoin Ecosystem ranked second, with a transaction volume of $45.1 million, a month-on-month decrease of 6.84%, but the number of buyers increased by 22.38% to 67,188. Solana came in third with $16.2 million in volume, up 6.58%.

Pudgy Penguins topped the list with its weekly trading volume soaring 384.26% to $21.6 million due to the launch of the PENGU token. CryptoPunks followed closely behind with $21.3 million in volume, an increase of 173.86%.