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Home Cryptocurrency

Immutable Flips Ethereum In Daily NFT Sales Vol – InsideBitcoins

by FeeOnlyNews.com
5 months ago
in Cryptocurrency
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Immutable Flips Ethereum In Daily NFT Sales Vol – InsideBitcoins
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Immutable, a renowned Layer-2 scaling solution for Ethereum, has today emerged as the leading blockchain network in the global non-fungible token market, surpassing its parent network, Ethereum, in terms of daily trading sales volume. The immutable-based non-fungible tokens took the top spot in the digital collectible trading sales volume chart after surging 62% in the last 24 hours.

Immutable Tops The NFT Market Chart

Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that Immutable X is the leading blockchain net in the global non-fungible token market. In the past 24 hours, the Immutable X-based non-fungible token collections have amassed a trading sales volume of $5 million. During this period, its NFT trading sales volume has surged by 62% from the past day.

Launched in March 2021, Immutable X is a Layer 2 scaling solution built on top of the Ethereum blockchain, specifically designed to improve the experience of trading and creating NFTs and blockchain games. It aims to address the limitations of the main Ethereum network, such as high gas fees, slow transaction speeds, and scalability issues, by offering instant crypto trades, high scalability, and near-zero gas fees.

Ethereum, the blockchain network renowned in the NFT market for hosting the majority of blue-chip non-fungible token collections, is today’s most traded blockchain network in the NFT market. In the past 24 hours, the Ethereum-based NFTs have recorded a trading sales volume of $4 million. During this time, the Ethereum NFT trading sales volume has plunged by 21% from the previous day. This is the first time in 2025 that Immutable has flipped Ethereum in trading sales volume.

Mythos Chain, Polygon and Bitcoin are today’s third, fourth and fifth most-traded NFT networks in the global NFT market. In the past 24 hours, the Mythos Chain-based NFT series has raised a trading volume of $2 million, while Polygon-based NFT collections have amassed a trading sales volume of $1.7 million. Bitcoin takes the fifth spot in the daily NFT market chart, with a trading sales volume of $1.3 million.

Top Selling NFTs On Immutable

Guild of Guardians Avatars and Guild of Guardians Heroes NFT collections are the most-selling non-fungible token collections on the NFT market. In the past 24 hours, the Guild of Guardians Heroes 2 NFT collection has amassed a trading sales volume of $3.1 million, while the Guild of Guardians Avatar 3 NFT collection has $1.4 million. These NFT collections have surged by 70% and 50%, respectively. Other most selling NFTs on Immutable include Gods Unchained and the Somnis Card NFT collection.

Top selling NFTs on ImmutableTop selling NFTs on Immutable

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