This shift can be attributed to the rising user base and infrastructure of Bitcoin and Ethereum, which participants now consider a familiar and accessible environment for NFT enthusiasts.In times past, it was unusual not to find a Solana-based collection like DGods or y00ts NFT in the top 20. Nor was it difficult to find the blockchain second to Ethereum in terms of volume.
But a switch from Solana to Polygon and Ethereum by some collections might have impacted this outcome.In addition, CryptoSlam’s data showed that only one Solana collection was present in the top 50. In fact, a few collections under the Polygon chain appeared before those with a love for the Proof-of-History blockchain.
At the time of writing, BAYC has maintained its increase in transactions. However, the Bitcoin collections, including the aforementioned $OXBT BRC-20 NFTs and Uncategorized Ordinals, decreased within the same timeframe.
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Source: CryptoAmb - 🏆 22. / 68 Read more »
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