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Polygon’s NFT sales volume surpasses Bitcoin (<a href="https://crypto.news/price/bitcoin/">BTC</a>) and Solana (<a href="https://crypto.news/price/solana/">SOL</a>) as the non-fungible token (NFT) market gains momentum. 
According to data provided by CryptoSlam, the total <a href="https://crypto.news/nft-sales-dip-by-11-16-bitcoin-takes-hit-dominates/">NFT sales</a> increased by 27% in the past 24 hours, reaching $18.21 million. The surge comes while the total number of transactions declined by 7%, currently sitting at 351,319.&nbsp; 
This movement might show heightened whale activity in the NFT sector. 
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 <img loading="lazy" decoding="async" width="901" height="332" src="https://crypto.news/app/uploads/2024/07/Screenshot-2024-07-10-132343.png" alt="Polygon surpasses Bitcoin, Solana in daily NFT sales volume - 22"> 
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 NFT sales volume by blockchain – July 10 | Source: CryptoSlam
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Moreover, Ethereum (<a href="https://crypto.news/price/ethereum/">ETH</a>) has been leading the NFT scene since late May. Per CryptoSlam data, the NFT sales volume increased by 24% over the past day and is currently hovering at $5.1 million.&nbsp; 
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Polygon <a href="https://crypto.news/nft-sales-drop-12-ethereum-dominates-polygon-surges/">overtook</a> Bitcoin and Solana again after seeing a 173% rally in its NFT trading volume. Data shows that Polygon’s NFT sales surpassed the $4 million mark for the third time this year — first in January and second on July 3. 
Solana secured the top spot with $3.9 million in NFT sales, recording a 50% surge in the past 24 hours. Notable, Solana is the only blockchain on this list with an increased number of buyers, rising by 62% and currently sitting at 20,946 unique buyers. 
The amount of NFT sales on the Bitcoin network rose by only 11% over the past day, standing at $2.7 million, according to CryptoSlam data. At this point, Bitcoin has the least amount of wash trading volume among the leading four blockchains — only around $23,000. 
Notably, the monthly NFT sales have been consistently <a href="https://crypto.news/nft-sales-drop-16-percent-122-million-what-happened/">decreasing</a> since March this year — falling from $1.6 billion on March 1 to $127 million on July 1.&nbsp; 
 Read more: <a href="https://crypto.news/spot-ethereum-etf-approval-is-looming-2-reasons-to-avoid/"> Spot Ethereum ETF approval is looming: 2 reasons to avoid </a>

Polygon surpasses Bitcoin, Solana in daily NFT sales volume

crypto.news

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