22.04.2025 14:52
Polygon NFT sales increased by 20% to reach $22.3 million, surpassing Ethereum, due to the tokenization of physical collection cards on the Courtyard platform.
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Polygon-based NFTs have seen a significant rise in the past week. The performance of Polygon, which has taken the sales lead from Ethereum in the NFT markets, is attributed to the success of the Courtyard platform that tokenizes physical collectible cards. The number of NFT buyers on the Polygon network also increased by 81% in one week.
Polygon NFTs Surpass Ethereum
Polygon-based NFTs managed to surpass the Ethereum network in transaction volume, achieving a growth rate of 20% in the past week. According to industry reports compiling NFT sales data, digital collectibles on the Polygon network reached a total transaction volume of $22.3 million. This figure represents approximately 24% of the total NFT sales volume for the week.
During this period, Ethereum-based NFTs fell to second place with a transaction volume of $19.2 million. In the list, Mythos Chain ranks third with $14.3 million, while Bitcoin-based NFT collections completed the week in fourth place with a volume of $14.1 million.
One of the main factors behind this rise on the Polygon network has been the real-world asset (RWA) based NFTs traded on the Courtyard platform. This platform allows popular physical collectible cards, such as Pokémon, basketball, and baseball cards, to be brought onto the Blockchain network and traded as NFTs. Courtyard securely stores these physical cards in vaults while creating NFTs that represent ownership. Users also have the option to "burn" (remove from the system) the NFT at any time to receive the physical card.
The tokenization of real-world assets as NFTs has become a significant trend in the cryptocurrency market as of the first quarter of 2025. It is reported that the total market value of tokenized assets in this area has risen to $21.2 billion. Lastly, it has also been recorded that the number of individuals holding such tokenized assets has exceeded 97,000.
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