DappRadar: Silicon Valley Bank Collapse Caused Heavy Damage to NFT Trading Volume

March 17 TuoniaoX.com news, according to a March 16 report by DappRadar, before Silicon Valley Bank collapsed on March 10, NFT trading volume hovered between $68 million and $74 million, then fell to $36 million on March 12. Between March 9 and March 11, daily NFT sales numbers dropped by 27.9%. According to DappRadar data, there were 11,440 "active" NFT traders on March 11, the lowest record since November 2021.