Source: UnsplashThe price of Ethereum’s native token ETH may be struggling, but some NFTs are flying high in the market following the network’s highly anticipated transition to proof-of-stake.
The NFT collections that seems to have enjoyed a boom in popularity over the past week include Bored Ape Yacht Club, RENGA by DirtyRobot and Gods Unchained, which recorded weekly trading volumes of $6.6m, $6.1m and $4.9m, respectively, according to DappRadar. The biggest gainer among them was Gods Unchained, which saw its trading volume rise by 391% compared to the week before.
Top NFT collections by weekly trading volume. Source: DappRadarWhile