Polygon Outperforms Bitcoin And Solana In Daily NFT Sales Volume

Polygon Outperforms Bitcoin And Solana In Daily NFT Sales Volume – CryptoSlam

Updated: 11 June 2024

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Polygon, an Ethereum scaling blockchain network, has seen a significant positive surge today, market by an increase in trading sales volume. NFTs hosted on the Polygon network have exploded in trading sales volume today, pushing Polygon to become the second most-traded blockchain in the NFT ecosystem.

Polygon NFT Sales Jumps 28% Today

Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token explorer, shows that Polygon-based non-fungible token collections have surged in trading sales volume today. In the past 24 hours, Polygon-based NFT collections have amassed a trading sales volume of $3.06 million, representing a 28.29% surge from the past day.

The recent surge in Polygon-based non-fungible token sales volume has enabled it to dethrone the dominant NFT blockchain networks, Solana, an open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, and Bitcoin, the blockchain network popularly known for its Ordinal and Runes NFT collections.

In the past 24 hours, Solana has been closely following the Polygon trading ranking, with a non-fungible token trading sales volume of $2.8 million, while the Bitcoin network has raised a trading sales volume of $2.5 million. During this period, Solana NFT sales have surged 33%, while Bitcoin NFT sales have plunged 56% from the past day.

What’s Has Fueled Polygon NFT Growth Today?

Matr1x Fire Weapon, a non-fungible token collection from MATR1X FIRE, a mobile metaverse shooting game, is one of the non-fungible token series that have fueled Polygon NFT growth. In the past 24 hours, the NFT collection has amassed a trading sales volume of $540,230, up 677% from the past day.

OKX NFT Creation, a non-fungible token collection from the OKX NFT market platform, is another NFT collection, which has fueled Polygon NFT growth. In the past 24 hours, the OKX NFT creation has recorded a trading sales volume of $478,373, up 14% from the past day.

Hzuki and TTAvatars are other NFT collections that pushed the surge in Polygon NFT trading sales today. In the past 24 hours, Hzuki has amassed a trading sales volume of $408,800, while TTAvatars has recorded a trading sales volume of $299,161. The four listed NFT collections, among other NFT collections, are responsible for today’s growth in Polygon NFT sales volume.