The Rise of Polygon in the NFT Market
The non-fungible token market is experiencing a resurgence, with Polygon, a prominent Ethereum scaling solution blockchain network, leading the charge in revitalizing NFT collections.
In the last 24 hours, Polygon has significantly influenced the NFT market charts, witnessing a remarkable 16% increase in trading sales volume compared to the previous day.
Data compiled by CryptoSlam.io, a leading on-chain crypto market data aggregator and multi-chain NFT explorer, highlights Polygon’s dominance in today’s NFT sales:
The Loops NFT Collection: Leading the market with a trading sales volume of $1.6 million.
Historic Pepe: Inspired by the webcomic character Pepe the Frog, this collection has achieved $1.5 million in trading sales volume.
Lama Lovers NFT Collection: Recording a trading sales volume of $1.3 million.
Inferno NFT Collection: Accumulating $1.05 million in trading sales volume.
Base Ape Polygon NFT Collection: Featuring 10,001 limited NFTs and experiencing a 197% increase in trading sales volume, totaling $896,097.
Polygon’s blockchain network has propelled these collections to the top of today’s NFT market, marking a significant bullish trend in the sector.