NFT activities increase on Ethereum as Bitcoin demands diminish on DeFi (Cryptoslate)

Originally published at: https://www.channel-sea.cc/nft-activities-increase-on-ethereum-as-bitcoin-demands-diminish-on-defi-cryptoslate/

NFT remains the dominant sector on Ethereum and is responsible for most of the transfers on the network. This is according to the newly released Coin Metrics State of Network report. NFT token transfers beat that of other spaces Non-fungible tokens have been trading at all-time highs for the past few months despite the general…