Ethereum has regained its previous position as the market leader among blockchain non-fungible tokens. The product achieved sales of $17.02 million. According to data compiled by CryptoSlam, sales on the platform increased by 39.19% in the 24 hours ending 2pm. Ethereum sales are expected to surge to $43.36 billion, representing the industry’s highest level to date. Ethereum ignored Bitcoin, considering it held the top daily selling position for two days. This caps two consecutive weeks of sharp swings in which Bitcoin dominated the market on Monday and Tuesday before giving up its lead over Ethereum that became apparent on Wednesday.
Solana, which ranked second, and Bitcoin, which ranked third, each recorded a sales margin of $11.61 million, a 30% decrease. On the other hand, Solana’s sales decreased by 4.17% to $6.79 million. Due to declining margins, Bitcoin’s historical NFT sales volume has reached close to $3 billion, and considering the current environment, it currently stands at around $23 million.
It is now positioned to become only the fourth network in its history to surpass the milestone. As of Wednesday’s data, Polygon is the fourth largest seller by volume, showing a 6.35% increase in margin sales within 24 hours. The range was expanded to $1.13 million. Polygon experienced a $1 million increase in sales for the first time in its history. The fifth NFT network, Mythos Chain, has a cumulative transaction volume of $1.06 million. Wednesday saw steady declines in the top five, with sales down 20%, totaling $725,679.