Nansen: NFT Market Participants Are Becoming Active

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According to the experts of analytical company Nansen, the activity of users of NFT projects deployed on Ethereum is increasing.

According to them, the number of transactions with tokenized collections has been growing for five consecutive weeks. The activation has been observed after many months of weakening the interest of Internet users in NFTs.

The number of transactions has increased dramatically in ecosystems based on Ethereum. The growth of transactional activity was outlined in the middle of the fall 2022.

The highest values were observed at the end of 2022, when, on average, NFT project users made more than 700,000 transactions per week.