NEW SIGNS OF LIFE FOR NFTS ON ETHEREUM & L2S

Summary from the TLDR Crypto newsletter

This post outlines a few of the green shoots the NFT space is seeing after a 90%+ decline in volume throughout the bear market. Growth in the creation and collection of NFTs is increasing across Ethereum and L2 solutions such as Zora, Base, and Optimism. There has been an increase in the number of unique addresses minting paid NFTs as of late. Infrastructure improvements have helped lower minting costs, making it easier and more affordable to create NFTs and opening up new use cases.