Odaily News NFT market transaction volume has fallen for five consecutive quarters. Data compiled by DappRadar shows that the total transaction volume of NFT in the second quarter of this year fell to US$823 million, compared with US$4 billion in the same period last year. Although the total volume of NFT transactions in 2024 has fallen by 19%, the worst year in history in the field, this year's data shows that the market downturn has not yet bottomed out. These figures also reflect that digital assets represented by collectible cartoon avatars and viral memes are gradually losing their former appeal. (Bloomberg)