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Category: NFT News

Bitcoin Leads NFT Sales as Ethereum and Solana Decline

By Published On: April 11, 20241 min readViews: 1110 Comments on Bitcoin Leads NFT Sales as Ethereum and Solana Decline
In the latest 24-hour period ending at 12 p.m. ET Wednesday, Bitcoin retained its position as the leading blockchain in non-fungible token (NFT) sales, with a modest decrease of 3.17%, amounting to approximately US$8.25 million in sales.

No Networks Surpassing $10 Million

According to data from CryptoSlam, no networks recorded sales exceeding US$10 million during this period.

Ethereum’s Decline

Ethereum, ranking second for the day, experienced a notable decline of 13.59% in sales, totaling around US$8.15 million.

Solana’s Growth

Solana, occupying the third position, observed a 2.22% increase in sales over the past day, reaching nearly US$7.40 million.

Top Collections Linked to Solana

Two prominent collections of the day, Tensorians and Mad Lads, are associated with Solana’s NFT marketplaces.

Polygon’s Surprising Increase

Polygon, ranked fourth, defied the overall trend with a remarkable increase of 38.09% in sales within the last 24 hours, surpassing US$1.09 million. The Ethereum scaler now stands approximately US$5 million away from reaching a milestone of US$1.5 billion in all-time sales.

With Bitcoin maintaining its dominance in NFT sales and Ethereum and Solana experiencing fluctuations, Polygon emerges as a notable contender with its significant surge in sales. These developments underscore the dynamic nature of the NFT market and the evolving landscape of blockchain-based digital assets.


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