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HomeCryptoNftPolygon surpasses Bitcoin, Solana in day by day NFT gross sales quantity

Polygon surpasses Bitcoin, Solana in day by day NFT gross sales quantity

Polygon’s NFT gross sales quantity surpasses Bitcoin (BTC) and Solana (SOL) because the non-fungible token (NFT) market positive factors momentum.

In accordance with knowledge supplied by CryptoSlam, the full NFT gross sales elevated by 27% up to now 24 hours, reaching $18.21 million. The surge comes whereas the full variety of transactions declined by 7%, at present sitting at 351,319.

This motion would possibly present heightened whale exercise within the NFT sector.

Polygon surpasses Bitcoin, Solana in daily NFT sales volume - 1

NFT gross sales quantity by blockchain – July 10 | Supply: CryptoSlam

Furthermore, Ethereum (ETH) has been main the NFT scene since late Might. Per CryptoSlam knowledge, the NFT gross sales quantity elevated by 24% over the previous day and is at present hovering at $5.1 million.

You may additionally like: BlackRock’s IBIT ETF holds $18b in BTC amid steady inflows

Polygon overtook Bitcoin and Solana once more after seeing a 173% rally in its NFT buying and selling quantity. Information reveals that Polygon’s NFT gross sales surpassed the $4 million mark for the third time this yr — first in January and second on July 3.

Solana secured the highest spot with $3.9 million in NFT gross sales, recording a 50% surge up to now 24 hours. Notable, Solana is the one blockchain on this listing with an elevated variety of patrons, rising by 62% and at present sitting at 20,946 distinctive patrons.

The quantity of NFT gross sales on the Bitcoin community rose by solely 11% over the previous day, standing at $2.7 million, in line with CryptoSlam knowledge. At this level, Bitcoin has the least quantity of wash buying and selling quantity among the many main 4 blockchains — solely round $23,000.

Notably, the month-to-month NFT gross sales have been persistently reducing since March this yr — falling from $1.6 billion on March 1 to $127 million on July 1.

Learn extra: Spot Ethereum ETF approval is looming: 2 causes to keep away from

Polygon surpasses Bitcoin, Solana in day by day NFT gross sales quantity

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