ALGO’s ecosystem shows potential amidst bear market, but what do metrics say?

At the time of writing, the total value locked on Algorand was at $129 million and its TVL had appreciated by 1.93% in the last 24 hours.Well, Algorand wasn’t able to mark its presence in the NFT space either. As made evident by the chart below, the weekly sales for Algorand’s NFTs declined massively over the past few months.

However, despite the declining sales, the NFT volume for Algorand increased in the last 24 hours. According toThe top NFT collection during that period was the

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