NFT Trading Volume on Track to Drop Below $1B, But Does That Metric Matter?

Sara Gherghelas, a blockchain analyst at DappRadar, told CoinDesk that the number of NFT sales appears to be on track to reach or surpass last month’s numbers, as opposed to trading volume, which is significantly lagging behind last month’s count. In her view, this could signal that there are more NFT traders in the market making smaller dollar-figure trades.