The volume of transactions with NFT on Ethereum exceeded $23 billion in 2022

The trade turnover of non-interchangeable tokens (NFT) based on Ethereum has amounted to $23.7 billion since the beginning of the year, the Nansen researchers noted.

In 2022, a total of $23.7 billion worth of NFTs were minted and traded on Ethereum

Weekly volume reached $1.6 billion in early May after Yuga Labs launched Otherdeed for Otherside 💰

— Nansen 🧭 (@nansen_ai) December 26, 2022
Weekly asset trading volume peaked in early May when Yuga Labs introduced the Otherside metaverse.

The largest turnover is in the tokens of the Bored Ape Yacht Club collection.

dаta: CryptoSlam.
Ethereum significantly outperforms other ecosystems in terms of NFT trading volume.

dаta: The Block.
Recall that recently several million dollars worth of Bored Ape tokens were stolen from OpenSea.