Ethereum Leads NFT Sales as Polygon and Mythos Compete for Market Share

• Ethereum remained probably the most lively community for NFT gross sales at $ 37.2 million and 119,693 transactions within the week.
• Polygon and Mythos had been shut behind with compounded transaction progress and rising purchaser interplay on their platforms.

Ethereum stays the preferred chain in the case of weekly NFT gross sales, with $37.24 million in gross sales by April 11, 2025, based on Phoenix Group information. The community additionally facilitated 119,836 transactions, with over 20,797 consumers and 16,096 sellers contributing to its dominance.

Polygon adopted at $17.7 million in gross sales with a brand new NFT ecosystem boosted by 260,573 transactions. Nonetheless, Mythos surpassed expectations and ranked third with $13.94 million in NFT gross sales by 546,777 transactions, which was the very best transaction frequency amongst all chains.

Solana, Bitcoin, and Arbitrum Battle for Mid-Tier Dominance

In line with information, Solana continues to rank among the many business leaders, having offered $6.54 million price of NFTs. The community of transactions was scaled by 139,355 transactions from 18,151 consumers and 15,419 sellers.

Regardless of having considerably fewer NFT trades than different chains, Bitcoin rose to $6.03m in gross sales throughout 16,450 transactions. It presents a extra targeted and far smaller base of each consumers and sellers.

Arbitrum additionally featured considerably, with a transaction sum of $5.62 million. The overall transactions summed as much as 12,41,3, with solely 2,522 consumers and 513 sellers focusing on a rise within the community’s NFT enterprise.

Base, Immutable, and Circulate Develop NFT Exercise

Immutable offered $5.13 million price of merchandise primarily or partly associated to gaming as a utility token and NFTs. In line with the blockchain, there have been 8,242 transactions that concerned 1,832 consumers.

Base, backed by Coinbase, participated in 121,062 gross sales totaling $3.51 million. This development to 2,190 consumers and a couple of,585 sellers implies that its utilization has been on the rise in the previous few weeks. Circulate generated $1.04 million in income, persevering with its exercise within the NFT market, and noticed 71,122 transactions, which are sometimes linked to sports activities collectibles and widespread manufacturers.

Rising Chains Present Resilience Amid Market Volatility

BNB Chain recorded $1.93 million in gross sales and 11,938 within the variety of transactions. Panini, specializing in sports-related NFTs, offered $783,423 with the assistance of 26,913 consumers.

Ronin, traditionally linked to Axie Infinity, recorded $294,252 in gross sales by 39,264 transactions. Regardless of decrease gross sales quantity, its purchaser rely of 13,464 highlights sustained neighborhood engagement.

Total, Ethereum retains dominating the sale of non-fungible tokens, however gross sales exercise on Polygon, Mythos, and different new chains reveals that competitors stays stiff. The general gross sales worth of NFTs has fallen to $416.8 million, with a decline of 41.13% inside 30 days, and transactions have declined at a charge of 51.03% to five.68 million inside the similar timeframe.