Ethereum leads NFT sales as polygons and myths compete for market share

• Ethereum was the most active network of NFT sales, with $37.2 million and 119,693 deals per week.
• Polygons and myths were approaching the growth of compounded transactions and the growth of buyer interactions on the platform.

According to data from the Phoenix Group, Ethereum remains the most popular chain when it comes to weekly NFT sales, earning $37.24 million in sales by April 11, 2025. The network also facilitated 119,836 transactions, with over 20,797 buyers and 16,096 sellers contributing to its advantage.

Polygon was followed by $107.7 million in sales, with a rise in the new NFT ecosystem, with 260,573 transactions. However, Mythos surpassed expectations, ranking third in NFT sales at $13.94 million through 546,777 transactions. This was the highest transaction frequency of all chains.

Dominating the Solana, Bitcoin, and Arbitrum Battle for Mid tier

According to the data, Solana continues to rank among industry leaders, selling $6.54 million worth of NFTs. The transactional network was expanded by 139,355 transactions from 18,151 buyers and 15,419 sellers.

Despite significantly fewer NFT transactions than other chains, Bitcoin rose to $603 million in sales in 16,450 transactions. It presents a more intensive and much smaller base for both buyers and sellers.

Arbitrum was significantly characterized, with a total transaction total of $5.62 million. The total transaction totals up to 12,41,3, with only 2,522 buyers and 513 sellers targeting the rise in the network’s NFT business.

Base, immutable, flow extended NFT activity

Immutable sold $5.13 million worth of products, primarily or in part, related to games as utility tokens and NFTS. According to the blockchain, there were 8,242 transactions involving 1,832 buyers.

The Coinbase-backed base took part in 121,062 sales totaling $3.51 million. This progress towards 2,190 buyers and 2,585 sellers means its use has increased over the last few weeks. Flow’s revenue generated $1.04 million, continuing its activities in the NFT market, seeing 71,122 transactions.

Emerging chains show resilience amid market volatility

The BNB chain recorded sales of $1.93 million and transactions of $11,938. Panini, who specializes in sports-related NFTs, sold $783,423 with the help of 26,913 buyers.

Historically linked to Axie Infinity, Ronin recorded sales of $294,252 through 39,264 transactions. Despite declining sales volumes, 13,464 buyers remain engaged in the community.

Overall, Ethereum continues to dominate the sale of inappropriate tokens, but sales activities in polygon, mitos and other new chains show that competition remains tight. The overall sales value of NFTS fell to $416.8 million, falling 41.13% within 30 days, with trading dropping at rates of 51.03% to 5.68 million within the same time frame.