Immutable & Polygon Push Ethereum To 3rd Spot In The NFT Chart
Many sources suggest that the global non-fungible token market is indeed gearing up for another bull run, driven by factors like increased adoption in gaming and the metaverse, institutional interest, and technological advancements. Unlike the previous market cycle, the ongoing market season is different and unique. For the first time, Ethereum has lost NFT market dominance to Polygon and Immutable, becoming the third most traded blockchain in terms of daily sales volume. ETH Loses Market Dominance To Immutable Data compiled by cryptoslam, an on-chain crypto market data aggregator and non-fungible token explorer, shows the non-fungible token market has surged in trading sales volume. In the past 24 hours, the NFT market has amassed a trading sales volume of $24 million. During this time, the NFT market has surged by 22% from the previous day. The number of investors buying NFTs has also surged by 21% from the past day. Unfortunately, Ethereum, the blockchain network renowned in...