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Positive Momentum Ahead of the End of the Month
Despite the weekly decline, the long-term trend of NFTs shows a positive direction. In October, the total monthly NFT sales reached $356 million, an increase of 18% compared to September.
November seems to continue this momentum, with weekly figures still above the early month level.
This trend ends a seven-month consecutive decline in NFT sales. The dynamics between Ethereum's dominance in sales volume and the increasing buyer activity on Solana highlight the differences in blockchain ecosystem strategies.
Please provide the text to be translated.
The presence of other networks such as Polygon, Mythos Chain, Immutable, and BNB Chain collectively recorded sales of $35.8 million, further reinforcing the diversification of the NFT market.