Nfts
Polygon surpasses Bitcoin and Solana in daily NFT sales volume
Polygon’s NFT sales volume surpasses Bitcoin’s (Bitcoin) and Solana (GROUND) as the non-fungible token (NFT) market gains momentum.
According to data provided by CryptoSlam, the total NFT Sales Online transaction volume increased by 27% in the past 24 hours to $18.21 million. This increase comes as the total number of transactions decreased by 7% to 351,319.
This move could show increased whale activity in the NFT sector.
NFT Sales Volume by Blockchain – July 10 | Source: CryptoSlam
Additionally, Ethereum (ETH) has been leading the NFT scene since late May. According to data from CryptoSlam, NFT sales volume has increased by 24% over the past day and currently sits at $5.1 million.
Polygon exceeds Bitcoin and Solana have once again seen a 173% surge in their NFT trading volume. Data shows that Polygon’s NFT sales have surpassed the $4 million mark for the third time this year, the first time in January and the second time on July 3.
Solana took the top spot with $3.9 million in NFT sales, up 50% in the last 24 hours. It’s worth noting that Solana is the only blockchain on this list with an increased number of buyers, up 62% and currently sitting at 20,946 unique buyers.
According to data from CryptoSlam, the amount of NFT sales on the Bitcoin network has only increased by 11% over the past day, reaching $2.7 million. At this point, Bitcoin has the smallest wash transaction volume among the four major blockchains, at just around $23,000.
It is worth noting that monthly NFT sales have been consistent. falling since March of this year, falling from $1.6 billion on March 1 to $127 million on July 1.