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The percentages and metrics are based on a 7-day timeframe, unless noted otherwise.
🟪What happened: The Polygon’s NFT market’s total sales volume rose 14.7% to $20.35 million across over 292,000 transactions this week, according to CryptoSlam data.
🟪Why does it matter: The network is home to a wide range of NFTs from traditional digital native assets like MetaVixens to tokenized real-world collectibles tied to collectibles, with platforms like Courtyard.io.
Unlike most NFT marketplaces that feature digital art, Courtyard showcases tokenized versions of legacy collectible collections such as Pokémon cards, Topps baseball cards, and Panini Prizm trading cards. These collectibles give users the opportunity to merge common physical assets with digital ownership.
The past week’s NFT sales growth on Polygon was led by Courtyard’s platform at over 22,000 transactions. The platform generated about $18.72 million in weekly sales, accounting for over 90% of Polygon’s NFT volume during that period. It also saw its floor price increase 700% to 42.83 MATIC, or about $8, in the past week, according to NFT Price Floor data. While that amount is low in dollar-value, the floor price increase points to the demand and affordability of these assets on Courtyard’s marketplace.
On the flip side, notably the highest sale on the platform was for 36,000 MATIC, worth about $6,588.
These metrics point to continued interest in Polygon’s NFT ecosystem, where low gas fees and high throughput make it ideal for trading low cost assets on high-frequencies. For instance, the average weekly sale price across Polygon NFTs sits at $78.89, which could indicate higher retail trader interests in these assets. This also can suggest that Polygon’s infrastructure is appealing to a wide range of NFT traders.
Collections like VOICENFT also grew 80.87%on the week with $177,479 in volume. Further demonstrating the expanding interest across different types of NFT projects or collections on Polygon.
🟪The big picture: Polygon’s recent rise in NFT activity comes amid broader momentum across its DeFi and payments sectors. The ability to onboard real-world collectors through tokenized items like Pokémon and baseball cards opens new adoption opportunities for crypto-native and traditional fans.
With collections like Courtyard bridging web2 culture and web3 rails, Polygon is one of the major chains that helps bring mainstream NFT adoption to physical assets, collectibles, and global user bases converging communities with shared interest.
Watch this video with Espresso Systems’ Head of R&D Ellie Davidson explaining the collaboration with Agglayer
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Want to dive into the Polygon ecosystem full-time? Find the latest job postings here.
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.