2023 Q1 NFT transaction volume reaches 4.5 billion US dollars

Coin World reported that blockchain analysis company Nansen disclosed data showing that the NFT transaction volume in the first quarter of 2023 reached US$4.5 billion, more than double the US$1.9 billion in the fourth quarter of 2022. The number of unique wallets trading NFTs reached 13.9 million in Q1 2023, a 24.5% increase from 11.2 million in the previous quarter. The data shows that the number of new NFT users has not seen a large increase, and the surge in transaction volume may be related to the BLUR token airdrop. In May, the NFT transaction volume has fallen back to a bearish level in 2022, and the weekly transaction volume is only about 90,000 ETH. (decrypt)