In a recent NFT on-chain report by NFTgators, it has been found that Polygon NFT marketplaces have been experiencing a surge in trading activities.
Yesterday, the platform saw a 30-day high in both daily volume and sales count, with $2.1M traded across 13.4K sales. Out of this volume, a whopping 90% occurred on OpenSea, which has been dominating the market, followed by MagicEden at 9.7%, Aavegotchi at 0.2%, and OnePlanet at 0.05%.
Over the past 30 days, OpenSea on Polygon has witnessed over $20M in volume from 259K sales. Interestingly, the average volume per sale on OpenSea has shown a positive trend, starting at $56 and increasing to over $100. On the other hand, Aavegotchi continues to maintain the highest average volume per sale, which currently stands at $188.
When it comes to the biggest Polygon-based NFT collections traded on OpenSea in the past 30 days, y00ts leads the way with over $5M from 975 sales. Trump Digital Trading Cards and Lens Protocol Profiles come in second and third place, respectively, with over $2M in trading volume each.
This surge in trading activities on the Polygon NFT marketplaces suggests a growing interest in non-fungible tokens and the potential of the Polygon network to offer a reliable and cost-effective platform for NFT trading. As such, it is expected that the trend will continue, and more traders and collectors will flock to the Polygon network in the coming days.
Recently launched Polygon-based Gen 3 Reddit avatars already saw a total of 153K mints by 79K minters, and a trading volume of $750K from 4,151 sales, averaging $181 per sale.
Stay up to date:
Subscribe to our newsletter using this link – we won’t spam!