Polygon Outshines Ethereum In OpenSea NFT Sales | UseTheBitcoin
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Polygon has outpaced Ethereum in NFT sales on OpenSea for the second consecutive month in terms of low-cost assets as the network continues to pave the way and leave a name in the NFT industry. Polygon Outshines Ethereum In OpenSea NFT Sales For Second Consecutive Month According to data curated via a Dune dashboard, more individual NFTs were sold on Polygon than Ethereum via leading overall marketplace OpenSea for the second consecutive month. OpenSea sold 1.5 million NFTs on Ethereum sidechain Polygon in January, while 1.1 million were sold through Ethereum’s mainnet marketplace. In December, 1.3 million NFTs were sold
The total trading volume across 14 NFT marketplaces rose close to 23,000% year-over-year, from $85.7 million 2020 to $19.6 billion in 2021 The total market cap of NFTs is about $31.4 billion, making... [[ This is a content summary only. Visit my website for full links, other content, and more!…
The number of NFT traders on Ethereum surpassed 40K and reached 2022 levels. The NFT market is growing to be an essential infrastructure for emerging spaces like gaming and AI. Non-fungible tokens are one of the admirable applications of blockchain technology. Ethereum has brought a viable network to launch and…