EU and the world

Ethereum leads the NFT market, but Polygon is growing rapidly

Over the past week, Ethereum has maintained market leadership non-fungible tokens (NFT) with sales volume of $32.42 million, despite the decrease of this indicator by 11.55%. In total, the volume of NFT sales on the five leading blockchains (Ethereum, Polygon, Bitcoin, Solana and Mythos) amounted to $101.46 million.

Polygon showed an impressive growth of 42.92% to reach $22.19 million, indicating the growing interest in this network from collectors and investors. Bitcoin also showed positive dynamics, increasing sales by 1.55% to $17.87 million.

The most popular NFT collection of the week was Cryptopunks on Ethereum with $5.7 million in sales, while the most expensive NFT was Cryptopunk #627, which sold for $836,149.

Polygon’s growth, both this week and last week, is indicative of the changing interests of NFT traders and the growing popularity of alternative blockchains in the world of digital collectibles.

 

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