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Applied Network Science
Fig. 5 | Applied Network Science

Fig. 5

From: A network analysis of the non-fungible token (NFT) market: structural characteristics, evolution, and interactions

Fig. 5

Number of transactions and average NFT per address through time The plot indicates that the NFT market witnessed a remarkable surge in trading in 2022, and in November 2019, there was a massive spike in the number of transactions due to a large number of NFT creations from the CryptoKitties project. The average NFT token per address increased significantly in November of 2019, but after that, it started to decline as the market became accessible to a broader range of participants

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