๐ Solana Faces NFT Sales Decline, While Polygon Gains Traction
๐ธ Solana NFT Sales Decline by 17.17%
NFT sales on Solana experienced a noticeable drop of 17.17%, with the total sales volume reaching $4.5 million. This decline sharply contrasts with Polygon's impressive 84.94% increase in trading volume, reaching $9 million. The difference in performance between these two blockchain platforms indicates the dynamic nature of the NFT market.
๐ Ethereum Maintains NFT Dominance
Despite fluctuations in trading volume, Ethereum retains its position in the NFT space. Ethereum's NFT sales volume amounted to $13.4 million, signifying a substantial growth of 29.65%. Such high performance confirms Ethereum's leadership in the NFT world.
๐ฐ Bitcoin Remains Stable in NFT Transactions
Bitcoin, traditionally less closely associated with NFT transactions than Ethereum, surprisingly remained stable with a sales volume of $13,016,115, despite a 18.52% decrease. This suggests that Bitcoin should not be underestimated in the NFT market, although its role is somewhat less prominent than Ethereum's.
๐ NFT Volume Data for the Last 30 Days Reflects Dominance
Considering NFT volume data for the last 30 days, Bitcoin emerges as a dominant player with sales volume approaching an impressive $872.7 million. Ethereum also maintains a stable presence, with an active market totaling over $709.7 million, despite concerns about high trading volumes.
๐ Solana and Polygon Demonstrate Significant Activity
Solana and Polygon demonstrate significant activity, with total sales volumes of approximately $334 million and $99.4 million, respectively. They continue to trade on major platforms such as Binance, WhiteBIT, and OKX. These figures underscore the evolving NFT environment across various blockchain platforms.