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Cryptocurrency News Articles

Ethereum (ETH) Continues to Lead the NFT Market

Mar 15, 2025 at 11:00 am

Ethereum is leading the NFT sales as of March 14, 2025 and Bitcoin, Polygon, and Mythos maintain positions among the top leaders.

Ethereum (ETH) Continues to Lead the NFT Market

Ethereum continues to dominate the NFT market with the highest weekly sales volume for the period March 7-14, 2024, according to a report.

At $33.15 million, Ethereum's weekly sales exceed those of Bitcoin, which had $23.13 million in sales. At $15.92 million, Polygon comes in third.

At $15.55 million, Mythos had the largest transaction activity this week, with 631,519 transactions, while Solana follows closely with $10.62 million in sales from 165,116 transactions.

At $3.73 million, Base, an Ethereum Layer-2 blockchain, is showing promise with 120,989 transactions engaging 5,190 buyers and 5,312 sellers.

Immutable, a gaming NFT platform, performed noteworthy transactions with a small transaction volume of 6,515 but a large buyer count of 3,990 and seller count of 4,271, resulting in $2.64 million in sales.

At $1.7 million, Avalanche completes the top five, with 3,607 transactions.

In the lower echelons of the top 10, BNB Chain had $1.26 million in sales from 3,167 transactions.

Flow, a blockchain designed for digital collectibles and NFTs, had $1.16 million in sales from 87,242 transactions.

Panini, a blockchain known for sports-related NFT products, achieved $1.40 million in sales from 20,164 transactions, highlighting the enduring demand for digital collectables.

Finally, Ronin, a cryptocurrency platform, closed out the list with $419,470 in sales from its blockchain gaming activities that resulted in 37,857 transactions.

The NFT sector continues to be interesting as multiple emerging trends, such as Bitcoin Ordinals and gaming NFTs, and low-fee solutions are spurring rapid growth and shifting the competitive landscape. It remains to be seen if Ethereum will maintain its dominant position or if its rivals can substantially decrease its lead in the coming weeks.output: Ethereum is leading the NFT sales as of March 14, 2025 and Bitcoin, Polygon, and Mythos maintain positions among the top leaders. The NFT marketplace continues to maintain intense activity based on weekly blockchain competition regarding their sales volumes.

TOP BLOCKCHAINS BY WEEKLY #NFT SALES VOLUME

#Ethereum #Bitcoin #Polygon #Mythos #Solana #Base #Immutable #Avalanche #Panini #BNBChain #Flow #Ronin pic.twitter.com/ui7ApRP4OR

Ethereum positions itself as the top NFT sales network through its weekly sales volume that exceeds $33.15 million. The NFT ecosystem built by Ethereum has led to its market dominance through its 146,323 transactions from over 29,549 buyers and 25,699 sellers.

Bitcoin and Polygon Follow as Strong Contenders

Bitcoin ($BTC) earned the number two position in weekly NFT sales rankings with its $23.13 million transaction volume. The Bitcoin NFT market shows great growth potential as it records 16,771 buyers and 47,311 transactions.

The NFT market value for Polygon stands at $15.92 million while it maintains its third position. The blockchain infrastructure of Polygon supports 196,123 transactions with 8,986 sellers and 22,359 buyers that make it a highly efficient and economical platform for NFT transactions.

Mythos and Solana Hold Their Ground

Mythos ($MYTH) dominates the NFT market by reporting $15.55 million in sales and 631,519 transactions which form the largest blockchain activity this week. Observations demonstrate that Mythos is attracting immense market success as its NFT ecosystem focuses on gaming and entertainment.

Through 165,116 transactions Solana ($SOL) generated $10.62 million in total sales as an Ethereum competitor. The low-cost and high-speed transactions of Solana attract 37,101 buyers and 26,370 sellers who maintain their position as a key force in NFT market operations.

Base, Immutable, Avalanche, and BNB Chain Keep NFT Activity High

Base the Ethereum-based Layer-2 blockchain shows steady growth through its $3.73 million sales figures alongside 120,989 transactions. Base has established itself as a notable platform in the market by accumulating 5,190 buyers and 5,312 sellers.

Immutable ($IMX) demonstrated $2.64 million worth of sales through

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Other articles published on Mar 15, 2025