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Polygon Surpasses Ethereum in Daily NFT Sales Volume Amid Bear Market

Despite the ongoing crypto bear market, Polygon—a popular Ethereum scaling solution—is showing strong resilience and growth, especially in the NFT space. For just the second time in crypto history, Polygon has overtaken Ethereum, Mythos, and Solana in terms of daily NFT trading volume. In the past 24 hours alone, Polygon-based NFT collections generated a sales volume of $2.8 million.

Polygon Tops the Charts

According to data from CryptoSlam, a leading multi-chain NFT analytics platform, Polygon led all major NFT blockchain networks in daily trading volume. Ethereum, which usually dominates the NFT scene, came in second with $2.6 million, marking a steep 71% drop from the previous day.

Coming in third was the Mythos Chain, with $2.1 million in sales, down 2.09%. Meanwhile, Immutable and Solana took fourth and fifth place, recording $1.2 million and $1.1 million, respectively. Notably, both Immutable and Solana saw significant growth, with Immutable’s volume up 208% and Solana’s up 67%.

What’s Driving Polygon’s NFT Surge?

The standout driver behind Polygon’s success is Courtyard, an NFT collection featuring over 80,000 digital collectibles. Courtyard alone accounted for more than $2.5 million in trading volume—over 80% of Polygon’s total—and saw a 1.54% increase from the previous day.

This isn’t the first time Polygon has outpaced Ethereum in daily NFT volume. Back in January 2024, the Web3 game Gas Hero and its “Common Heroes” NFT collection helped Polygon briefly seize the top spot, with over $3 million in daily sales at that time.

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