NFT Sales Surge 24% as Ethereum Leads, Polygon Up 123.20%, Solana Up 12.13%, Bitcoin Down 7.01%

NFT sales have experienced a significant resurgence in recent weeks, with overall sales increasing by 24% as Ethereum leads the charge.

Major blockchains including Ethereum, Solana, Polygon, and Mythos Chain have all reported positive weekly sales growth. Polygon has shown the most remarkable recovery, with a 123.20% increase, while Ethereum’s sales are up by 32.79% and Solana’s by 12.13%. In contrast, Bitcoin has seen a decline of 7.01%.

Additionally, Solana has surpassed other layer-1 blockchains in terms of weekly active addresses, boasting 10 million, compared to Bitcoin’s 2.8 million and Ethereum’s 1.8 million. This uptick in NFT sales comes after a challenging start to 2024, indicating a potential recovery in the market.

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