Polygon Surprises the NFT Market by Surpassing Ethereum

This achievement marks a turning point in the industry, where the tokenization of real-world objects increasingly attracts investors seeking tangible value and blockchain security.

Polygon has a new surprising strength in the NFT market. According to recent data from April 22, the network boasts an impressive sales volume of $22.3 million, placing it ahead of Ethereum with $19.2 million.

This achievement is largely attributed to Courtyard, a marketplace focused on NFTs backed by physical assets (RWA). The collection generated an outstanding $20.7 million in sales, ranking it among the top-performing NFT projects of the week.

In total, four cryptocurrencies generated more than $10 million in NFT sales last week. After Mythos Chain with $14.3 million and Bitcoin with $14.1 million, comes Solana with $10 million. Together, they represent 56% of the overall NFT sales volume, which reached $82 million.

This narrative of RWAs is becoming increasingly dominant in 2025. According to RWA.xyz, over $21.2 billion of real-world assets are tokenized on-chain, an amount that excludes the $227 billion in stablecoins. The number of holders now exceeds 97,000 people.

This strong performance by Polygon in the NFT sector showcases the growing interest in utility and tangible NFTs, as investors increasingly seek more hybrid and diversified investment opportunities.

The surprising feat by Polygon in outperforming Ethereum could have a positive impact on the price of MATIC, currently standing at $0.216. Recent predictions suggest that MATIC could rise to as much as $0.64 by the end of April 2024, marking a potential increase of more than 195%.

This bullish momentum, driven by Polygon’s dominance in the NFT sector and the surging interest in real-world asset tokenization, positions Polygon as a key player in the evolution of the NFT market.