One thing I don't see addressed in this article is that as far as I know, it's basically impossible to trust the reported price or volume of NFT transactions, because there's no way to distinguish fake wash trades from real ones.
So it's hard to draw any conclusions about whether the data reflects an actual peak in user activity, or just a peak in scams.
So it's hard to draw any conclusions about whether the data reflects an actual peak in user activity, or just a peak in scams.