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The Re-Surgence Of The NFTs: Sales and Prices Surge Post Merge 

Written by: Qadir AK

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Qadir AK

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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Sep 19, 2022

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Following the long-awaited upgrade of the Ethereum blockchain, Ether and the other digital assets have witnessed a dip. However, as per the crypto data tracker, DappRadar, NFTs seem to be on the rise again. The Merge also benefited the marketplaces that sell NFTs based on Ethereum.

Bored Ape Yacht Club, which is amongst the top NFT collections, recorded $1.3 million in sales on Thursday. CryptoPunks exhibited a trading volume rise of 56% to $1.4 million and OpenSea saw a trading volume increase of 77% to $10 million as of 4 p.m. New York time. Even Magic Eden witnessed its volume rising by 36% to $4.6 million.

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