NFT Trading Volume Jumps in October, Led by Growth on Ethereum and Solana
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NFT trading volume grew 32% from September to October, reaching $405 million according to DappRadar.
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Solana saw notable growth, with NFT trading volume increasing 15% to $27.6 million in October.
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Ethereum led networks in growth, with a 50% jump in NFT trading volume.
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Floor prices rose for major projects like Bored Ape Yacht Club, from $40k to $55k in ETH.
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While sales increased in value, the number of NFTs sold fell 5% from September, from 3.58 million to 3.4 million.