The irreplaceable trading volume of tokens was hit hard after the collapse of Silicon Valley Bank in the United States last week, and traders were worried about the impact of the bankruptcy of a large foreign bank.

Before SVB went bankrupt, NFT trading volume hovered between $68 million and $74 million before falling to $36 million on March 12, according to a report by data aggregation platform Dapp Radar on March 16.

Daily sales of NFT fell 27.9% during the period from March 9 to March 11.

According to Dapp radar, only 11440 NFT traders were "active" in their investments as of March 11, the lowest since November 2021.

According to the report, the dollar coin (USDC) peg-- which at one point fell to $0.88-- shifted to traders' high attention to the NFT market:

The conclusion is that "NFT traders have become less plentiful," Mr Dapredahl explains.

Although buying and selling has cooled down, the market value of the "blue chip stock" NFT has not suffered any practical harm, with only a drop in the rock-bottom prices of collections such as the boring ape golf driving range (BAYC) and CryptoPunks.

"the rapid recovery shows the extensibility of this top informal financial institution," Dappra said. "in a chaotic market, blue chip NFT is still a relatively stable project investment."

BAYC and CryptoPunks are expected to benefit from Yua Labs, the team behind the personal collection, who verified that BAYC and CryptoPunks only had a "very limited resource touch" to SVB, according to founder Greg Solano.

However, on OpenSea, the base price of the Moonbird series continued to fall by 35.3%, from 6.18 ETH to 4 ETH. According to previous media reports, the reference-the team behind NFT-has a very large openness to SVB.

According to Dappra, this was partly caused by the sale of nearly 500 lunar surface birds NFT at a loss of 9 to 33 per cent through an etheric detailed address.

Sales in Blur, the NFT market, have accumulated a loss of 700 etheries.