Polygon's NFT sales increased dramatically, ultimately ending up making more sales compared to Bitcoin and Solana as the non-fungible token market continues surging in momentum.
According to CryptoSlam data, aggregate NFT sales have recorded $18.21 million in volume within the last 24 hours, following a 27% increase. This increase happened despite the number of transactions dropping by 7% to 351,319. That would point to the fact of concentrated purchases from the more heavyweight NFT investors.
Ethereum has made itself a top dog in the spaces with NFT since the late days of May. The sales volume of NFTs on Ethereum surged 24% over the past day and reached around $5.1 million.
Again, it represented another case of outperformance against Bitcoin and Solana, with a 173% increment in NFT trading volume. Polygon NFT sales also crossed $4 million for the third time this year—the last times being on January and July 3.
Solana followed next with $3.9 million in sales, up 50% in the last 24 hours. Although Solana has been the only top blockchain whose buyer number increased, rising 62% to 20,946 unique buyers.
Bitcoin's NFT sales have surged by 11% in the past day at $2.7 million, the wash trading volume for Bitcoin is the least among these top four blockchains, at approximately $23,000.
Save for an uptick in January, monthly NFT sales have declined consistently since March – from as high as $1.6 billion on the 1st of March down to $127 million by July 1.
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