The post Ethereum Tops The Charts In Weekly NFT Sales With $44.7 Million In Sales Volume appeared on BitcoinEthereumNews.com.

The NFT market saw Ethereum maintain its leading position, with over $44.7 million in sales volume in a week. That means out of all the blockchains, Ethereum is the top choice for users, with 154,892 buyers and 21,679 sellers. The ongoing discussions about gas fees and network congestion have not stopped major projects in the Ethereum NFT space, such as Bored Ape Yacht Club, Azuki, and Art Blocks, from drawing the attention of both collectors and investors. Bitcoin Gains Momentum Through Ordinals No one expected it, but Bitcoin ranked equally with SuperRare in NFT sales at $23.1 million. Largely, this increase is the result of using Ordinals, a technology for creating NFTs on the Bitcoin network. Even though Bitcoin has fewer buyers and sellers than Ethereum, the increased activity in NFTs on Bitcoin is worth noting. This shift means that Bitcoin, formerly only used for financial transactions, is now acting as a medium for digital art and collectibles. Polygon Dominates in Users, Places Third in Volume The reason Polygon is attracting attention is its large number of users, as it brought in $15.97 million in NFT sales this week. It saw the highest number of buyers (214,297) and sellers (36,182). Mythos, Solana, and Immutable are the Other Tier Frontrunners Game-related NFTs and digital assets are gaining in popularity, as shown by Mythos’ fourth-place finish with $8.59 million of sales. Close behind, Solana managed to bring in $5.92 million, keeping its reputation as an affordable option for NFT operations Another chain in the Web3 gaming space called Immutable had $5.84 million, showing a rise in interest for platforms marrying NFTs with gaming. Avalanche, BNB Chain, Arbitrum, and Flow Also Made it to the Top 10 List Both Avalanche and BNB Chain achieved the same results, with each getting $4.13 million and…

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Filed under: News - @ May 17, 2025 2:28 am