quick take
- Bitcoin is currently the second largest chain in NFT volume.
- The trend started in the first week of May and ended the period with $14 million, according to The Block.
- By May 8, NFT trading volume had increased to $51 million, but dropped to $31 million the following week.
- Ethereum continues to dominate NFT volume, consistently earning over $60 million on a week-to-week basis. Despite this, Bitcoin gained a large market share.
Post-Bitcoin is currently the second largest chain in terms of NFT volume, first appearing on CryptoSlate.
