Weekly NFT trading volume falls to a third of August’s levels

For the week of September 5–12, NFT trading volume stood at $312 million, more than three times below August’s record figure of $1.05 billion. Data from The Block.

According to CryptoSlam, in the last 30 days five of the ten most valuable NFTs were CryptoPunks tokens. Among the others were the collections from Fidenza, Ringers and Bored Ape.

In August, the NFT marketplace OpenSea surpassed $3 billion, while in the first half of 2021 the overall NFT market stood at $2.5 billion.

Earlier in September, artist Monica Ricciolli earned 1623 ETH (about $5.4 million at the time of the deal) for the sale of the NFT series “Fragments of the Infinite Field” on the Art Blocks marketplace.

Moonrock Capital acquired a Solana-based NFT from the Degenerate Ape Academy collection for 5980 SOL ($1.1 million at the time of the deal).

Earlier, state media in China warned of a bubble in the NFT sector.

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