Ethereum's on-chain NFT sales exceeded $550 million in February, an increase of over 55% from the previous month

Cryptoslam data shows that in February, the sales of NFTs on the Ethereum chain reached $554,397,148.27, an increase of about 55.8% from $355,685,943.21 in January this year, setting a record for the highest monthly sales since April 2023. In addition, the total number of NFT transactions on the Ethereum chain in February exceeded 832 thousand with 143562 individual buyers and 113285 individual sellers.