In the face of a global decline in NFTs interest, Flow (FLOW) blockchain intriguingly showcases growth and resilience, navigating the wave of Q2 2023 with a blend of remarkable achievements and challenges.

Data from DefiLlama shows that NFT volume has fallen to two-year lows, with OpenSea, remarked in purple, affected the most. Blur, shown in yellow, received significant interest from NFT traders at launch but has also since seen a dramatic decline in volume.

However, according to a DappRadar report, Flow’s daily unique active wallets (UAWs) rose to an average of 13,169 in Q2 2023, a 1.5% increase from Q1 2023. This reflects an expanded user base, greater engagement, and increased transactional efficiency.

However, the Flow ecosystem wasn’t immune to the global contraction in the NFT …