Solana

Polygon

Spot

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. 
<figure class="wp-block-image size-full">
 <picture loading="lazy" decoding="async" class="wp-image-14284019"> 
 <source type="image/webp" srcset="https://crypto.news/app/uploads/2024/07/Screenshot-2024-07-10-132343.png.webp"> 
 <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"> 
 </picture> 
 <figcaption class="wp-element-caption">
 NFT sales volume by blockchain – July 10 | Source: CryptoSlam
 </figcaption>
</figure> 
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; 
 You might also like: <a href="https://crypto.news/blackrocks-ibit-etf-holds-18b-in-btc-amid-continuous-inflows/"> BlackRock’s IBIT ETF holds $18b in BTC amid continuous inflows </a> 
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

Інші статті, опубліковані 10 лип. 2024 р.

Amount of Stolen Crypto Funds Surge to $1.4B in 2024 as CeFi Platforms Bear the Brunt

Rich Dad Poor Dad Author Says It’s Time To Buy More Bitcoin and Gold

Be The Next Game Changer | Chiliz Chain

BlockDAG Shatters Expectations: Mining Revolution Begins Two Months Early With X1 Miner App! Tron...

Particle Network And Leading Blockchain Ecosystems Launch Chain Abstraction Coalition To Unify Web3

BRICS: Brazil Imposes Heavy Tax on China!

Приєднуйтеся до нашої безкоштовної розсилки для отримання щоденних оновлень щодо крипто!