Ethereum Dominates NFT Market With $8.5 Billion In Q1 2022 Sales ⋆ ZyCrypto - BitcoinEthereumNews.com
Ethereum Mga NFTEthereum Dominates NFT Market With $8.5 Billion In Q1 2022 Sales ⋆ ZyCrypto05 / 07 / 2022Balita ng Ethereum ng Bitcoin anunsyo Messari reports that NFT secondary market sales reached new ATH in Q1. Ethereum continued to outperform in NFT sales volume. Despite recent reduced sales, NFTs adoption is breaking new grounds. The Non-Fungible Token (NFT) market has extended strides made last year into 2022. In Q1 of the year, the NFT market reached a new record high of $10 billion in secondary sales volume according to a report by Messari. Ethereum completely dominated in NFT sales volume Citing data from the NFT industry data aggregator CryptoSlam, Messari‘s NFT Q1’22 Market Rundown highlighted the market leaders during the period. Of the record-breaking $10 billion secondary market NFT sales, $8.5 billion of the sales volume was chaneled through the Ethereum blockchain. This figure represents an 84% dominance for the pioneer smart contracts blockchain, Ethereum. The next NFT enabling blockchain by secondary market sales volume was Solana which recorded $700 million in secondary market NFT sales during the period. Ronin, Avalanche, Flow, and Polygon rounded off the top six blockchains by sales volume. These six blockchains were responsible for 98% of NFT secondary market sales volume in the quarter