• Polygon’s number of NFT buyers and sellers increased by double digits last month 
• MATIC’s metrics looked bearish, suggesting a further decline in the token’s price

Polygon [MATIC] witnessed a surge in the number of NFT buyers, thanks to multiple popular NFT collections migrating to the blockchain. CRYPTOSLAM’s data revealed that the number of Polygon NFT buyers increased by more than 27% in the last 30 days. Additionally, the number of NFT sellers also registered an uptick last month. 

Read Polygon’s [MATIC] Price Prediction 2023-24

A closer look at Polygon’s NFT ecosystem 

As per DappRadar, y00ts, which recently migrated from Solana [SOL], was at the top of the list of the top NFT collections on Polygon in the last 30 days. Apart from y00ts, Collect Trump Cards and Lens Protocol also made it to the top three on the same list.

However, despite the increase in the number of buyers, it was surprising to see a decline in the total number of NFT trade counts. As per Santiment, the chart plummeted considerably. Additionally, MATIC’s NFT trade volume also followed trade counts and declined sharply la

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Author: Dipayan Mitra

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