Polygon Overtakes Bitcoin And Solana In Daily NFT Sales Volume

Polygon, a renowned scaling solution network on Ethereum, has surpassed the giant blockchain networks Bitcoin, Solana, and Mythos Chain in terms of daily sales volume. In the past 24 hours, the Polygon-based non-fungible token series has raised a trading sales volume of $2.8 million, up over 140% from the past day. In this article, we shall explore some of the factors fueling the recent Polygon NFT market growth.

Polygon Pumps 140% In Daily NFT Sales Volume

Data fetched by cryptoslam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible collections explorer, shows that the Polygon NFT market has experienced a massive surge in trading sales volume. In the past 24 hours, the Polygon NFT collections have raised a trading sales volume of $2.8 million. Polygon has emerged as the second most-traded NFT blockchain in the global NFT market.

During this time, Ethereum, the blockchain network renowned for hosting most NFT collections, is the top-traded blockchain network in the non-fungible token market. In the past 24 hours, the Ethereum-based NFT collections have garnered a trading sales volume of $3.3 million, down 15% from the past day. Bitcoin is today’s third most traded blockchain network, recording a $2.6 million.

Mythos Chain, a blockchain network providing speed, security, and cross-chain compatibility in the Mythos gaming ecosystem, is today’s fourth most-traded blockchain network in the NFT market. In the past 24 hours, Mythos Chain-based NFTs have amassed a trading sales volume of $2 million, down 0.77% from the past day. Below, we have listed some of the factors fueling the recent Polygon NFT market growth.

Factors Fueling Polygon NFT Market Growth

The Courtyard NFT collection is the main contributor to the recent Polygon NFT market growth, contributing more than 80% of trading sales volume. In the past 24 hours, the Courtyard NFT collection has raised a trading sales volume of $3 million, up 267% from the past day. Launched in 2023, Courtyard is an NFT collection featuring a limited set of 90,435 NFT trading cards hosted on the blockchain network.

The Courtyard NFT collection perfectly combines the NFT technology with the physical world while catering to a niche community of trading card enthusiasts, especially Pokémon fans. Each Courtyard NFT contains a unique ID, description, and images associated with the digital item. Other NFT collections contributing to the Polygon NFT market growth include OKX NFT creation, Infinitex, LED collection, and Blockchain City NFT collection.

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