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Polygon, Cardano and Solana NFT Sales Rise as Ethereum NFT Sal | NFTs & DeFi 🗓

Polygon, Cardano and Solana NFT Sales Rise as Ethereum NFT Sales Slump

While
the Ethereum blockchain remains by far the most popular choice for minting non-fungible tokens (NFT), other layer 1 blockchains and layer 2 networks have recently had small bumps in NFT sales. According to data from CryptoSlam, layer 1 blockchain Cardano, whose token is ADA, briefly overtook Ethereum scaling platform Polygon early on Monday as the fourth-most popular blockchain by NFT sales volume. As of Monday afternoon, Cardano had slid back into the sixth spot behind BNB and Polygon, according to Crypto Slam, although its sales were up 86% over the past 24 hours. The bump seems to have been led by interest in two projects, Goofy Gophers and Spacebudz, that have had over 185,000 ADA (about $70,000) in trading volume in the last 24 hours, according to CNFT.io. Meanwhile, Polygon has experienced a rise in sales volume over the past few days, according to a Dune dashboard compiled by NFT researcher Sealaunch. It appears that NFT collection Y00ts, which recently migrated from Solana to Polygon, has been driving much of the movement on OpenSea and Magic Eden.

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