Non-fungible tokens (NFTs) have been one of the standout applications of blockchain technology, providing unique and verifiable digital assets. Ethereum emerged as a preferred network for launching and trading NFTs, leading to significant market growth in 2021 and 2022.

Recently, trading activity in Ethereum NFTs has bounced back to 2022 levels, generating excitement and fostering hopes of a new market surge. This resurgence may indicate a potential upswing in the NFT market, reflecting increased interest and engagement from traders and collectors alike.