Despite market volatility, the number of investors buying NFTs has surged by 37% in the past week. This article examines the state of the NFT market and its recent trends.
Points
- NFT investor numbers surged by 37% in the past week.
- Ethereum-based NFTs led the market with $31 million in sales.
- Solana and Bitcoin-based NFTs also saw significant trading volumes.
- Polygon-based NFTs experienced a 77% increase in trading volume.
Non-fungible tokens （NFTs） have shown remarkable resilience in the face of market volatility, with the number of investors buying NFTs increasing by 37% in the past seven days, according to CryptoSlam. This surge highlights the growing interest in digital collectibles despite broader market challenges.
Ethereum-Based NFTs Lead the Market
Ethereum, the leading blockchain for NFTs, saw its NFT collections generate a trading sales volume of $31 million in the past week, a slight dip of 0.65% from the previous week. This performance underscores Ethereum’s dominance in the NFT space, hosting many blue-chip collections.
Solana and Bitcoin-Based NFTs
Solana, known for its fast and low-cost transactions, was the second most-traded blockchain network for NFTs, with a trading sales volume of $22 million, down 16.27% from the previous week. Bitcoin, primarily recognized for its Ordinals and BRC-20 NFT collections, attracted $16 million in sales, a decline of 20.09%.
Polygon-Based NFTs See Significant Growth
In contrast to Ethereum and Solana, Polygon-based NFTs experienced substantial growth. The trading sales volume for Polygon-based NFTs surged by 77%, reaching $15 million. This increase reflects the blockchain’s growing popularity as a scalable and cost-effective solution for NFT projects.
解説
- Non-Fungible Tokens （NFTs）: Digital assets that represent ownership of unique items, such as art, collectibles, and virtual real estate, using blockchain technology.
- Trading Volume: The total value of assets traded over a specific period. High trading volume indicates strong market activity and investor interest.
- Blockchain: A decentralized ledger technology that records transactions across multiple computers to ensure security and transparency.