in the last 30 days, Surge in NFT sales on the Polygon network Total sales exceed $22.7 million. Over 293,000 transactions occurred, a 36% increase from the previous month.
Largest contributor to this critical element Growth of NFTs The sale was the migration of the popular NFT initiative y00ts.
Y00ts became the most frequently sold NFT collection OpenSea with Polygon has generated over $4 million in trading volume from 924 trades in the last 30 days. Moreover, looking at MagicEden, y00ts has an even bigger share with his 45% of the total Polygon NFT volume in the market.
Since y00ts migrated from Solana to Polygon84% of y00ts have already been transferred, more than 12,000 out of Polygon’s 15,000 y00ts, equivalent to a market value of $48 million.
MATIC is Expanding the NFT ecosystem. In the last 7 days, Matic rose 3.85%, trading at $1.171. However, network adoption was a bit concerning as the number of new addresses declined after the peak on March 31, according to data from Santiment. From last month.
Meanwhile, Starbucks has a new NFT collection polygon network After launching its first six NFT collections.Today, Starbucks launched a “First Store Collection Stamp” commemorating the brand’s historic origins. This new collection is limited to 5,000 of his NFTs priced at around $100 each. All his NFT holders will be awarded his 1,500 points related to Starbucks loyalty program.
