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What do NFT Secondary Market Sales Looks like in 2022?
The trend of NFT purchase on Polygon shows declining pattern for the year 2022 based on the chart on the right.
The Past Monthly Sales activity shows that the monthly activity are also in decline in terms of NFT purchase and number of Unique Buyers. The NFT sales peaked between Nov 2021 to Jan 2022 then has been in downtrend since.
The same trend can be seen in Yearly activity where 2021 yields more NFT sales transactions and more buyer. However, we are still in early Q3, and the NFT sales activity is almost reaching the last year performance.
How Popular are NFTs on Polygon compared to NFTs on other chains?
In order to measure the Popularity of NFT on a chain, we are going to measure the Number of Unique buyer, among the Top 50 NFT on Project on each chain.
The Top 50 Project is defined as the projects that has the highest sales amount per transaction. This will give us the projects that get the highest average of price paid, per transaction.
From the chart on the right, Solana yields the highest count of Unique Buyer, followed by Ethereum, then Polygon. Overall, Polygon NFT is the least popular among the three compared chains, with on 9261Unique buyers for their Top NFT projects
What are the Top NFT Projects on Polygon in 2022?
The Top NFT is measured by Average Purchase txn per buyer, ie the NFT that has the most buyer and buying transactions.
The chart shows that Bit Balls is the Top NFT thus far. Virtual Connect Punks beats Peyotes by a slight difference. Poly Duckz and DOTs NFT ART are the other Top projects on Polygon in 2022 .
How many Active Buyers/Sellers on Polygon?.
Active buyers/sellers are users that has made more than average buy/sell NFT transaction for more than 3 Days beginning Jan 1st 2022.
It is found that there are more Active Sellers than Active Buyers on Polygon. This indicates, most NFT buyers on Polygon tends to dump rather than hold most of their NFT.
Most Purchased NFT Project on Polygon
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11068 Purchase Transactions
Made in total
Address That Bought The Most NFT (on Polygon)
- Has spent about 8.738 wETH on NFTs
- 1632 NFTs Bought
Most Profited Address on Polygon from NFT sales
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5,516.97 WMATIC Profit made
(through fees)
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A contract Address for League of Kingdoms
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In-game marketplace that platforms selling and buying in-game NFT item ( $LOKI)
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4.08 wMATIC per NFT token
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12 NFTs Sold
Project with Highest Total Sales
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8.9 K NFT supply
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12,287 wMATIC made from sales in total
