7-Day Market Moves
📉 The week saw a downturn in NFT market activity with the primary Forkast 500 NFT index falling by 2.95%. The slide affected the Ethereum, Solana, and Polygon indexes, all registering losses, but the Cardano index bucked the trend and gained slightly.
📉The total NFT trading volume experienced a decrease of 16.28% over the past day, with the figure dropping to $16.84 million. This decrease was seen across several networks, including Ethereum, BNB Chain, Bitcoin, and Polygon, while Solana, Mythos Chain, Immutable X, and Cardano recorded growth. The Bored Ape Yacht Club on Ethereum recorded the highest 24-hour trading volume, with a modest rise of 2.92% to $931,750. However, the collection's 30-day volume declined by 82%, and the floor price fell by 15%.