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NFT Trading Volume Is Sinking, But It’s Not Stopping Developers From Entering Web3

According to Alchemy’s Q2 Web3 Development Report, while NFT trading volume fell 41%, almost six million smart contracts were deployed across chains including Ethereum and Polygon.

Updated Aug 3, 2023, 2:02 p.m. Published Aug 3, 2023, 2:00 p.m.
(Sarin Soman/Getty Images)
(Sarin Soman/Getty Images)