crypto

Despite the ongoing downtrend market, NFT activity on Polygon keeps rising

Due to earlier efforts, Polygon’s NFT Marketplace has been growing in users. NFT activity on Polygon rises amid crypto winter. Nansen says that despite the long cryptocurrency winter, Polygon’s NFT Marketplace saw a record number of first-time buyers in December 2022. This is despite NFT ecosystems on Ethereum or Solana having fewer weekly users. NFT Marketplace has between 1,000 to 10,000 first-time buyers and 10,000 to 15,000 recurrent customers per day. First-time buyers increased from 1,858 on October 5 to 43,761 Dec. 11. Repeat buyers increased from 8,739 and 81,317 to 81,317. Ten NFT Marketplace holders hold over 180,000 collections, while four have more than 500,000. Four collections on Ethereum’s NFT Marketplace have more than 100,000 holders, and one has more than 500,000 holders within the last 24 hours. Solana did NOT. Reddit Collectible avatars is a collection NFTs that have “hit” Reddit even though it has only been around for a few months. Reddit Collectible Avatars reached a new high in Polygon NFTs. Since August 2022, the weekly NFT Polygon ecosystem user count has increased by nearly 500%. The number of Polygon blockchain users has surpassed 240,000 between December 5-12. This is a weekly record and reflects greater activity than the first few weeks in 2022. Although transactions for the week ended December 12 were lower than in the previous three weeks, approximately 3 million transactions were made. This is more than in most weeks of 2022. ZK-Rollups founder called “Time Turner” the founder of Ethereum. -2 Ethereum’s founder called ZK Rollups “Time Turner.” We encourage you to do your own research before investing.Join us to keep track of news: https://linktr.ee/coincuWebsite: coincu.comChubbiCoincu NewsTags: cryptomarketNFTnft platformPolygon