Polygon Continues to Score Against Rivals in NFT Investors December 30, 2022 December 30, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsDecember 30, 2022 by Kelly Cromley

Polygon Continues to Score Against Rivals in NFT Investors

As per statistics from the statistical analytics platform Nansen, Polygon’s NFT market is enjoying a huge uptick in popularity, pushing it nearer to Ethereum in regards to market capitalization. The count of weekly users for NFT networks on some other chains, like as Ethereum and Solana, is falling.

Solana’s NFT weekly players have plummeted from more than 160,000 in the final leg of September to about 60,000 in December, while Ethereum’s weekly users have reduced from more than 250,000 to approximately 183,000.

Ten series on Polygon’s NFT market garnered over 180,000 holdings in the previous month, while four series lured over 500,000 holders. On Ethereum’s NFT market, there are four series with more than 100,000 holders and one series with more than 500,000 holders. As per Nansen’s data, there hasn’t been a single series on the Solana NFT market exceeding 30,000 holders.

Four of the top ten works on Polygon’s NFT market over the previous twenty-four hours are connected to Reddit; they were airdropped in the last week of August as a portion of Reddit’s maiden push to use blockchain technology.


AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.