Ethereum price rebound drives NFT market recovery, with NFT sales in November reaching a six-month high


with the recovery of Ethereum prices, the NFT monthly sales in November exceeded 562 million US dollars, a significant increase of 57.8% from October's 356 million US dollars, with Ethereum network sales exceeding 216 million US dollars, a 12% increase from October. However, the monthly NFT transaction volume is still far from reaching its peak in 2024. In March of this year, NFT sales reached a year-high of 1.6 billion US dollars. However, it has been low and reached its lowest point since 2021 in September, at 303 million US dollars.