The non-fungible token (NFT) market has seen strong activity over the past week, with a daily volume of at least 25,000 ETH for three consecutive days and a total of 76,000 ETH, according to data from NFT tracking firm NFT Gators. The data showed that OpenSea accounted for 49.8% of the volume, followed by Blur at 29.8% and X2Y2 at 11.2%.

For the past 3 consecutive days, the NFT market saw a daily volume of at least 25K ETH, and 76K ETH in total.49.8% came from OpenSea, 29.8% from Blur, and 11.2% from X2Y2.@DuneAnalytics dashboard by @CryptusChrist. pic.twitter.com/HrqQ5n2mLU

— NFTgators (@NFTgators) January 8, 2023

In addition to the high volume, the past week also saw the highest number of organic NFT traders since July 2022, with a total of 531,000 organic trades and 7,000 trades suspected of involving wash trading. The average value of an organic NFT trade was $354.

The past week saw the highest amount of organic NFT traders since the beginning of July 2022, with 531K organic trades, and 7K trades suspected with wash trading.The organic NFT trade during the past week saw an average of $354/trade.@DuneAnalytics dashboard by @hildobby_. pic.twitter.com/5t9CRv7WE2

— NFTgators (@NFTgators) January 9, 2023

One particular NFT collection, The Captainz, saw over 7,800 ETH in volume over the past 24 hours, representing over 25% of the total NFT market volume.

Over the past 24H, The Captainz NFT collection saw over 7.8K ETH in volume, with over 25% of the total NFT market volume.Data by @nftgoio. pic.twitter.com/AN0eBEH3cQ

— NFTgators (@NFTgators) January 8, 2023

In recent months, several NFT projects have also seen significant growth, according to data from BendDAO. The MAYCs, BAYCs, CloneX, and Moonbirds collections have all experienced an increase in activity, with 41% of MAYCs, 37% of BAYCs, 36% of CloneX NFTs, and 57% of Moonbirds being deposited into the BendDAO collateral in the past month.

Over the past month, BendDAO saw significant growth in MAYCs, BAYCs, CloneX, and Moonbirds.– 41% of the total MAYCs in the BendDAO collateral were deposited in the past month.– 37% of BAYCs.– 36% of CloneX NFTs.– 57% of Moonbirds.@DuneAnalytics dashboard by @0error_eth. pic.twitter.com/B7Nu1qMk26

— NFTgators (@NFTgators) January 8, 2023

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