{"id":127679,"date":"2025-04-22T10:16:17","date_gmt":"2025-04-22T10:16:17","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=127679"},"modified":"2025-04-22T10:16:17","modified_gmt":"2025-04-22T10:16:17","slug":"polygon-nfts-overtake-ethereum-collectibles-in-7-day-sales","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=127679","title":{"rendered":"Polygon NFTs overtake Ethereum collectibles in 7-day sales"},"content":{"rendered":"<p>Source: Cointelegraph.com NewsPolygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days.\u00a0<br \/>\nOn April 22, NFT data tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 million volume in the past week. This represented 24% of last week\u2019s overall NFT sales volume, which reached $92.9 million.\u00a0<br \/>\nThe network also had over 39,000 NFT buyers for the week, an 81% increase over the previous week.\u00a0<br \/>\nEthereum remained second in sales, with a $19.2 million NFT sales volume for the week. Mythos Chain followed with $14.3 million, while Bitcoin-based collections ranked fourth with $14.1 million for the week.\u00a0<br \/>\nTop blockchains by seven-day NFT sales volume. Source: CryptoSlamRWA NFT collection drives Polygon surge<br \/>\nThe Polygon NFT surge was driven by a single real-world asset (RWA) NFT collection, highlighting that the RWA narrative has reached the NFT space.<br \/>\nRWA tokenization refers to tangible assets minted on the blockchain to increase accessibility and trading opportunities for the assets. Simply put, it\u2019s transforming real-world assets like art, property or even stocks into digital tokens on a blockchain that can be bought, held or traded.<br \/>\nCryptoSlam data shows that increased sales from Courtyard NFTs caused the Polygon NFT surge. The collection reached a sales volume of $20.7 million, eclipsing the performances of other popular NFT projects for the week.\u00a0<br \/>\nCourtyard NFT collection tops digital collectible sales volume list. Source: CryptoSlamRelated: Bybit shuts down four more Web3 services after axing NFT marketplace<br \/>\nCourtyard is an RWA marketplace for graded physical card collections. This includes the Pok\u00e9mon, basketball and baseball cards that are popular among collectors.\u00a0<br \/>\nThe platform operates by storing and insuring tokenized cards in a vault operated by a security company. This means that NFTs are physically backed. After purchasing NFTs, users can opt to redeem the physical card. When this happens, the NFT is burned and will no longer be traded in the marketplace.\u00a0<br \/>\nOnchain RWAs have been a strong narrative in the first quarter of 2025. Data from RWA.xyz shows that tokenized assets have reached $21.2 billion, with total asset holders of more than 97,000. This excludes the value of stablecoins, which is already at $227 billion.\u00a0<br \/>\nMagazine: Your AI\u2019 digital twin\u2019 can take meetings and comfort your loved ones<a href=\"https:\/\/cointelegraph.com\/news\/polygon-nft-sales-lead-ethereum-driven-by-rwa-collection-courtyard?utm_source=rss_feed&amp;utm_medium=rss&amp;utm_campaign=rss_partner_inbound\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Cointelegraph.com NewsPolygon-based non-fungible tokens (NFTs) took the top spot in digital collectible sales after surging 20% in the last seven days.\u00a0 On April 22, NFT data tracker CryptoSlam showed&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[5],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127679"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=127679"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/127679\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=127679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=127679"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=127679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}