Ethereum’s NFT Dominance Wanes as Immutable & Polygon Rise

The non-fungible token (NFT) market is experiencing a surge in activity, with sales volumes soaring by 22% and investor engagement increasing. This momentum has led to Ethereum relinquishing its position as the dominant blockchain for NFTs, handing over the reins to rivals Immutable and Polygon. Data compiled by cryptoslam reveals a dramatic shift in NFT trading volume, highlighting the rapid rise of these alternative platforms.