According to The Block: Data shows that Non-Fungible Token (NFT) transaction volume on the Ethereum chain soared to $148 million this past week (February 4-11), marking the highest weekly transaction volume since the week of February 26, 2023. This near one-year high comes about as Pudgy Penguins, an NFT series currently ranked third in market value, approaches its competitor Bored Ape Yacht Club series from Yuga Labs in market capitalization.
