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Many sources suggest that the global non -fascinable tokens market is preparing for another Bull Run, motivated by factors such as increased adoption in games and metovers, institutional interest and technological progress. Unlike the previous market cycle, the current market season is different and unique. For the first time, Ethereum has lost the domination of the NFT market because of the polygon and the unchanging, becoming the third most negotiated blockchain in terms of daily sales volume.
ETH loses the domination of the market to the unchanging
The data compiled by Cryptoslam, a data aggregator on the chain cryptography market and a non -bubble chip explorer, show that the non -bubilizable tokens has increased in sales volume. In the past 24 hours, the NFT market has raised a volume of commercial sales of $ 24 million. Meanwhile, the NFT market jumped 22% compared to the day before. The number of investors buying NFTS also jumped 21% compared to the last day.
Unfortunately, Ethereum, the renowned blockchain network on the NFT market as a market leader for the accommodation of the majority of NFTs, has lost market domination because of the immutable and polygon blockchain networks. In the past 24 hours, the NFT collection based on immutable has recorded a negotiation sales volume of $ 8.7 million. Meanwhile, the immutable NFT sales volume jumped 39% compared to the last day.
Polygon, a network of blockchain of Ethereum scaling solution, is the second network of NFT Blockchain NFT today on the NFT market. In the past 24 hours, the NFT collections based on polygons have increased a volume of commercial sales by $ 5.1 million. During this period, the volume of trading polygon NFT trading jumped 199% compared to the last day. Polygon also overthrew Ethereum in terms of daily sales volume.
Ethereum falls in 3rd place in table nft
Ethereum, a network of leading blockchain previously known under the name of a dominant chain for NFTS, is the third most negotiated blockchain network today, dragging behind immutable and polygon in terms of daily sales volume. In the past 24 hours, the NFT collection based in Ethereum recorded a sales volume of $ 4.4 million. During this period, the volume of negotiation sales Ethereum NFT plunged 8.77% compared to the last day. The recent NFT market resurgence indicates that the sector could prepare for another bull season.
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