<h4>Quick Take</h4> <ul> <li><span style="font-weight: 400;">Last week, the number of active traders buying and selling Ethereum NFTs slid to about 49,000, its lowest level since 2021.</span></li> <li><span style="font-weight: 400;">“This erosion of the floor price, paired with heightened market volatility, has dampened the usual urgency to buy, the &#8216;fear of missing out,&#8217; among regular traders,” according to The Block Research.2</span></li> </ul>