Solana and Polygon networks are two NFT blockchains that had a fantastic performance in the past week, with a combined $44 million NFT sales volume. However, we will be making a comparison of each of the two in their weekly and monthly NFT sales.
Solana and Polygon Head-to-Head NFT Sales
Solana and Polygon are beginning to retain their place as some of the top NFT blockchains within the sector, staying consistently as one of the top 3 NFT networks for the past few months. Below is a more detailed comparison of the two networks with regard to their weekly and monthly NFT sales.
Weekly NFT Sales Comparison
Solana comes out on top when the two blockchains are compared with regard to their weekly NFT sales. At the time of writing, data from CryptoSlam shows it had $25 million in NFT sales in the past week, representing over a 40% increase. Within this period, there were over 113,000 buyers, while the number of sellers was 34,000. Moreover, the number of NFT transactions within Solana saw a massive 24% increase to more than 460,000.
On the other hand, the Polygon network performed superbly in the market, just that it didn’t have the same total value as Solana. The network saw an incredible 100% increase in their NFT sales volume to $20 million, with the number of transactions at almost 300,00. Buyers were a lot more than sellers at 73,000, while the sellers stood at 24,000.
Solana and Polygon Monthly NFT Sales
In their monthly NFT sales comparison, Solana still comes out on top. There was a total worth of $83 million in NFT sales volume in the last 30 days, even though this was a 20% decline. Other important metrics to take note of are the 1.2 million transactions, 148,000 buyers, and 48,000 sellers. The decrease on Polygon was much at over 28%, even though the NFT sales volume was $63 million. With over 1.7 million transactions, the number of buyers saw a resurgence of 20% to over 181,000.
Top NFTs Between Solana and Polygon Blockchain
Many NFT collections in Solana and Polygon networks led to a massive increase in NFT sales in the past week.
On the Solana ecosystem, NFT collections such as Send It made it to the top of the list. There was more than a 1600% increase in its NFT sales to over $3.5 million. Other important mentions within the Solana blockchain include Froganas, Mad Lads, DogeZuki Collection, and Retardio Cousins. On the other hand, the top NFT collections for Polygon in the past week include MojoMojo, LadyLady, Oldies, Buggos, and DraftKings.
Conclusion
Solana and Polygon went head to head with each other in the past week with the intention of beating each other. However, a comparison between the two shows Solana is still ahead of Polygon even though the difference is not getting any larger. According to CryptoSlam, Solana had around $25 million of the combined $45 million NFT sales, while Polygon had the remaining $20 million. Moreover, the top NFTs contributing to this growth between the two blockchains include MojoMojo, LadyLady, Mad Lads, DogeZuki Collection, and many others.
Cover Image from Microsoft Designer
The information provided in this article is for informational purposes only and should not be considered financial advice. The article does not offer sufficient information to make investment decisions, nor does it constitute an offer, recommendation, or solicitation to buy or sell any financial instrument. The content is opinion of the author and does not reflect any view or suggestion or any kind of advise from cryptonewsbytes.com. The author declares he does not hold any of the above mentioned tokens or received any incentive from the company.
