Cardano

<ul><li>Cardano&#39;s NFT floor price experiences an unexpected increase, surpassing Ethereum by 22%</li><li>Despite Cardano&#39;s gains, Ethereum leads in trading volume at $12.20M with 11.2K buyers.</li><li>Solana and Polygon secure second and third positions in NFT sales, while Ethereum&#39;s robust user base and trading volume solidify its stance.</li></ul>In a surprising turn, the non-fungible token (NFT) community, Cardano&#39;s NFT floor price index, has undergone a significant upswing, outpacing Ethereum&#39;s by an impressive margin of 22%. This disclosure has emerged from a tweet by Stocktwits NFTs, a well-known provider of NFT market insights.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/1896dae51e594e289d79e1a34feeda93.png" />Based on the 7-day charts, the data shows a significant change in the NFT industry. Cardano, which used to be considered a new player in this field, has now surpassed Ethereum&#39;s long-established dominance in the NFT domain.Although Cardano&#39;s NFT floor price has steadily increased, its overall trading volume has yet to catch up to Ethereum&#39;s. According to recent <a href="https://www.cryptoslam.io/" rel="noopener noreferrer nofollow">data</a> from a prominent analytics platform  CryptoSlam, Ethereum continues to lead the market, boasting a comprehensive trading volume of $12,205,285, accompanied by 11,258 buyers.In contrast, Cardano secures an eighth position, registering a trading volume of $220,787, albeit with a substantial 1570 <a href="https://www.cryptoslam.io/blockchains/cardano" rel="noopener noreferrer nofollow">buyers</a>. This disparity signifies that Ethereum still holds the crown for being the preferred platform in sheer trading volume, while individual Cardano NFTs steadily appreciate in value. Solana and Polygon have established their presence in the ranks, occupying the second and third positions with primary sales of $1,586,653 and $1,211,669, respectively.Read full article at <a href="https://cryptotale.org/cardanos-nft-floor-price-surges-challenging-ethereum-dominance/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Cardano's NFT Floor Price Surges, Challenging Ethereum Dominance

CryptoTale

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