At first, the Ether volume profile at the beginning of it price recovery in June 2022 from $900 shows 12.50 million ETH trades, down more than 90% from March 2020.

Volume was down 18.5% to C$9.58B ($6.68B) in the 12 months between April 1, 2023 and March 31, 2024, according to the Canadian Media Producers Association (CMPA)’s ‘Profile 2024’ report.

Profile picture NFTs proved the most popular, generating $243 million in trading volume across 76,385 sales. Gaming NFTs scored the second-highest trading volume, recording $41 million and 421,853 ...