The ETH Merge Had Little Impact on NFT Sales

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In the weeks leading up to the Merge, NFT trading decreased overall, and this past week has been just slightly better. One of the industry’s top marketplaces, OpenSea, has seen $84 million of volume in the past seven days for Ethereum-based NFTs, a 5.3% increase from the week leading up to the Merge, according to data from DappRadar. The average weekly price for an Ethereum-based NFT on OpenSea stands at $199, a 14.5% decrease from the previous week.



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