Polygon Surpasses Ethereum in Weekly NFT Sales Amid Market Declines

Polygon has overtaken Ethereum in NFT sales volume for the first time in 2025, recording $21 million in sales amid a bear market, while overall NFT market sales have declined 9.37% to $93 million. Significant collections this week include Courtyard ($20 million), DMarket ($9.5 million), and others. Ethereum’s focus on L2 scaling instead of L1 has sparked heated debate among community members.

Polygon has made headlines this week by surpassing Ethereum’s Layer 1 in non-fungible token (NFT) sales volume for the first time in 2025, despite a difficult bear market, with Ethereum (ETH) prices stagnated below $2,000 and Bitcoin (BTC) under $90,000. This marks a significant shift in the NFT market dynamics, especially amid challenging trading conditions.

Recent data from cryptoslam.io indicates a decrease in global NFT sales, down 9.37% this week to a total of $93 million, compared to $95 million the previous week. This decline reflects ongoing market pressures despite the fact that over 250,000 traders have engaged in transactions, indicating sustained interest in NFT collections, with more than 1.5 million total transactions recorded.

Among the highlight collections, the Courtyard NFT series tops the list with a sales volume of $20 million, seeing an increase of 20.81%. DMarket follows with $9.5 million in sales, gaining 2.21% this week. Third is Guild of Guardians Heroes at $3.7 million, increasing 2.57%, while the $?? BRC-20 collection matches this volume with a remarkable increase of 36.36%. Closing the top five is CryptoPunks, generating $1.7 million in sales.

Polygon has solidified its position as the leading NFT blockchain this week, accumulating a trading volume of $21 million with a notable increase of 24.88%. Ethereum ranks second with $20 million in sales, though it experienced a significant drop of 43%. Bitcoin is in third with a sales increase of 15%, totalling $16 million. Mythos Chain and Solana follow with sales of $14 million and $7 million respectively, marking varied performance across different networks.

The recent trends in Ethereum and Polygon have sparked intense discussions within the crypto community on X. Many users criticise Ethereum’s focus on Layer Two (L2) solutions over enhancements to the Layer One (L1) mainnet, expressing frustration towards co-founder Vitalik Buterin for his strategic decisions. Issues on performance and scalability dominate these debates, with some voices advocating for a balanced approach to improve the L1 aspects of Ethereum.

Netflix has over 250,000 active traders engaging with NFT projects. Enhancements to transaction order systems are also being discussed, aiming to improve user experiences in future iterations of Ethereum’s capabilities. As NFT market dynamics evolve, this ongoing debate signifies the need for broader collaboration in achieving seamless blockchain interoperability and user retention.

In related news, it was noted that BNB Chain leads current NFT sales, while developments in metaverse gaming and investigations by the SEC into Ethereum’s NFT project, CyberKongz, continue influencing market perceptions and innovations.