Ethereum Rally, Not an NFT Craze, Pushes the NFT Market Cap to $9.4 Billion

The NFT market capitalization has surged 40% since July, reaching a remarkable $9.4 billion at the time of writing, according to data from NFT Price Floor.  But this isn’t a new NFT craze; analysts say the surge is almost entirely driven by the powerful rally in the price of Ethereum, which has reached almost 100% […] The post Ethereum Rally, Not an NFT Craze, Pushes the NFT Market Cap to $9.4 Billion appeared first on Coin Edition.