According to NFT5lut on Twitter, Ethereum-based NFT transactions have experienced a notable increase as evidenced by recent on-chain data shared in the referenced tweet (source: https://twitter.com/NFT5lut/status/1929284649324339297). This surge is contributing to higher gas fees and increased market volatility, making it crucial for crypto traders to closely monitor NFT sector activity for potential short-term trading opportunities and portfolio diversification. Additionally, the uptick in NFT activity could influence Ethereum price movements and liquidity across major decentralized exchanges.