NFT trading in Ethereum returned to 2022 levels

The non -fungible tokens trading (NFT) in the Ethereum network this week has reached levels not seen for several years, when the fever for these digital assets dominated the ecosystem. However, the recovery was ephemeral, which raises doubts about whether the “nft-mania” could return with the same force of years.

The total number of active NFT merchants in Ethereum reached 46,640 this week, A figure that was not registered since the first days of January 2022When collections like Cryptopunks and Bored Ape Yacht Club fired the global interest in non -fungible tokens.

This peak also reflected that There were 41,720 buyers and 37,400 active vendors On the network on June 7, evidencing a rebound in the commercial activity of these digital financial products.

However, enthusiasm lasted little. After reaching that maximum, the number of traders collapsed to 5,870, showing the volatility that this market still characterizes.

In this graph you can see the peak and consequent collapse in the number of NFT merchants in the Ethereum network:

The rebound in the NFT trade in the Ethereum network happened just when Opensa, which is one of the largest NFT marketplaces on the market, finally launched OS2, which is the renewed and improved version of its platform. At the same time, a program called Voyages was launched, with which it seeks to encourage investors to use the platform and obtain in return a kind of points that will be taken into account for the launch of an Airdrop of Opensa.

Despite the subsequent registered fall, NFT’s weekly volume in Ethereum remained stable, reaching 18.7 million dollars. It is a considerable figure, but far from the 1,680 million dollars that were recorded in records of 2022.

This contrast suggests that, although there are reactivation signs, The market has not recovered the intensity of its past boom. As the saying says, “the story is not repeated, but rhyme”, and this rebound could be an echo of that frenzy, although with different nuances.

Remembering, in 2021 and 2022, the NFT captured worldwide attention, driven by iconic collections. As was widely reported by cryptootics, Cryptopunks, with its 10,000 pixelated avatars, became a status symbol, with sales that reached millions of dollars.

The maxim that the history rhyme invites caution: the NFT market could be finding a new balance, But replicating past euphoria would require significant innovations and a renewed trust. For now, this week’s rebound is a flash that recalls the NFT potential, but also their limits in an ecosystem that continues to mature.