The NFT market is experiencing a resurgence, with the market capitalization reaching $8.8 billion in December, up 17.3% in a week. Daily trading volume across all chains has also surged by nearly 48% in the past 24 hours. November saw the highest sales volume for NFTs since May, reaching $562 million. However, the number of unique buyers in November dwindled to 662,000 compared to over a million in May. Blue-chip NFT collections such as CryptoPunks, Bored Ape Yacht Club, and Pudgy Penguins are leading the market. Ethereum remains the dominant platform for NFT sales, followed by Bitcoin. The NFT market is still working to recapture the explosive growth seen in the past and is currently seeking a renewed sense of balance.



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