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OpenSea’s Polygon NFT Sales Top Ethereum for Second Straight Month

More Individual NFTs Sold polygon Public blockchain data curated by Dune shows over Ethereum via OpenSea leading the overall market for the second consecutive month Dashboard.

In January, OpenSea processed over 1.5 million NFTs Selling on the Ethereum sidechain Polygon, in the meantime ethereumIts own mainnet has recorded just over 1.1 million sales via the same marketplace. This continues a trend from his December when his 1.3 million NFTs were sold on Polygon through OpenSea, compared to his Ethereum NFTs of less than 1 million.

Ethereum has long been considered the best blockchain for NFTs. Gas FeeHowever, if Polygon meta, StarbucksWhen redditand as additional game projects make use of the scaling network, more and more assets are being traded on sidechains.

on the other hand, ethereum merge— Finalized in September — Mainnet energy consumption 99.998%, the problem of network gas charges was not resolved. This may exceed the base price of the asset itself.The gas fee is the cost that the Ethereum network charges a user for completing a transaction.

In contrast, Polygon and Layer 1 Ethereum rivals are Solana When avalanche has become increasingly known for hosting more affordable NFT collections with exponentially lower user transaction fees.

The top Polygon NFT collection was controversial throughout January, according to OpenSea Donald Trump Digital Trading Cardswith approximately 5,500 sales across all Polygon marketplaces, with a trading volume of 1,743 ETH (approximately $2.8 million).

But when it comes to the Polygon collection, which has the highest sales not only in OpenSea, but in all markets, Planet IX In the last 30 days, we have recorded about 5 million sales. sunflower land Record sales of 1 million copies mocha bass recorded 42,000 sales, lymph athlete We have accumulated about 37,000 sales in the past month.

It is worth noting that most of these sales are for using low cost assets. metaverse the world or Web3 game. In some cases, such as Sunflower Land and Planet IX, NFT assets have been sold for pennies worth of his ETH, significantly reducing the average selling price of his Polygon-based NFTs over that span.

Although Porygon has surpassed Ethereum in total sales, Ethereum still trades significantly more value overall. On OpenSea, his January total transaction volume for Ethereum was around $446 million, while Polygon NFT sales were worth just $15.4 million. With about 1.5 million NFTs sold on Polygon, the average selling price is about $10.

Notably, this is not the first time Polygon NFTs have surpassed Ethereum in total monthly sales. sand dunes showed a similar surge in late 2021 and early 2022, after which Polygon sales declined sharply until a recent recovery.

The most expensive and most desirable NFT ( Boad Ape Yacht Club) still exist on Ethereum and generate significantly more trading volume than Polygon. However, sidechain networks are gaining traction as a destination for his NFTs and low-cost collectibles in the game. This could encourage NFT adoption by reaching a much wider audience.

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