{"id":363326,"date":"2024-01-12T10:00:28","date_gmt":"2024-01-12T04:30:28","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=363326"},"modified":"2024-01-11T18:45:08","modified_gmt":"2024-01-11T13:15:08","slug":"nft-showdown-polygon-solana-vie-for-top-spot","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/nft-showdown-polygon-solana-vie-for-top-spot\/","title":{"rendered":"NFT showdown: Polygon, Solana vie for top spot"},"content":{"rendered":"<ul>\n<li><em><span style=\"font-weight: 400;\">Polygon and Solana jostle for top space in NFT sales volume.<\/span><\/em><\/li>\n<li><em><span style=\"font-weight: 400;\">Solana and SOL are in the clear with more positive trends.<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">In recent days, Polygon [MATIC] and Solana [SOL] have been competing for the 3rd and 4th positions in the Non-Fungible Token (NFT) sales ranking. How have they performed over the last 7 and 30 days?<\/span><\/p>\n<h4><b>Polygon goes above Solana in weekly NFT sales<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">A recent update from <a href=\"https:\/\/twitter.com\/TodayInPolygon\/status\/1745144808245432565?t=mqBTLf3ssBEiUJ-guH94wA&amp;s=19\" target=\"_blank\" rel=\"noopener\">Polygon Today<\/a> revealed that <a href=\"http:\/\/ambcrypto.com\/polygon-nft-landscape-has-its-historic-moment-more-inside\/\" target=\"_blank\" rel=\"noopener\">Polygon<\/a> has now exceeded Solana in the weekly NFT sales rankings. This development holds significance as <a href=\"http:\/\/ambcrypto.com\/solana-can-memecoin-bonk-aid-with-sols-move-north\/\" target=\"_blank\" rel=\"noopener\">Solana<\/a> has been consistently leading it in NFT sales volume for the past few months. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">The recent surge indicates a notable shift for Polygon, which experienced a temporary decline in NFT sales volume discussions due to the increased popularity of Bitcoin Inscriptions and the introduction of new NFTs on the Solana platform.<\/span><\/p>\n<h4><b>How Solana and Polygon have fared in different timeframes<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">In the analysis of NFT sales volume over the past 30 days, <a href=\"http:\/\/ambcrypto.com\/solana-flips-tron-in-stablecoin-volume-will-it-impact-trx\/\" target=\"_blank\" rel=\"noopener\">Solana<\/a> emerged as the third-highest performer. The data on <a href=\"https:\/\/www.cryptoslam.io\/\" target=\"_blank\" rel=\"noopener\">Crypto Slam<\/a> showed that Solana witnessed a substantial total volume of over $306 million during this period. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This marked a remarkable improvement of over 93%. Meanwhile, Polygon secured the fourth position in sales volume, reaching over $83.8 million. It also saw an increase of nearly 46%. Notably, Bitcoin and Ethereum took the lead in the 30-day chart, with sales volumes of over $876.7 million and $318 million, respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Within the seven-day timeframe, <a href=\"http:\/\/ambcrypto.com\/polygon-is-an-nft-summer-on-the-way\/\" target=\"_blank\" rel=\"noopener\">Polygon<\/a> claimed the third spot with sales of over $44 million. Also, it had the highest growth rate among the top networks at over 160% as of the latest data. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Solana, on the other hand, secured the fourth position in this timeframe with a sales volume exceeding $39 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the last 24 hours, Solana maintained the third-highest volume, while Polygon occupied the fourth position. The latest figures reported sales volumes of $6.7 million for Solana and $5.6 million for Polygon at the time of this writing.<\/span><\/p>\n<h4><b>The trend of SOL and MATIC<\/b><\/h4>\n<p><span style=\"font-weight: 400;\">An analysis of the timeframe charts for Solana and Polygon showed positive trends over the last two days. The SOL price trend, in particular, has shown a more sustained uptrend, extending over the past four days. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">As of this writing, <a href=\"http:\/\/ambcrypto.com\/solana-search-volumes-rise-are-retail-investors-emerging\/\" target=\"_blank\" rel=\"noopener\">SOL<\/a> was trading at around $103, reflecting a growth of over 1%. Notably, the recent upward movement has pushed its Relative Strength Index (RSI) line above the neutral line. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This marked a recovery from a previous decline that had pushed the RSI below neutrality.<\/span><\/p>\n<figure id=\"attachment_363365\" aria-describedby=\"caption-attachment-363365\" style=\"width: 1491px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/SOLUSD_2024-01-11_12-43-45.png\"><img decoding=\"async\" class=\"size-full wp-image-363365\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/SOLUSD_2024-01-11_12-43-45.png\" alt=\"Solana daily timeframe price trend\" width=\"1491\" height=\"785\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/SOLUSD_2024-01-11_12-43-45.png 1491w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/SOLUSD_2024-01-11_12-43-45-300x158.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/SOLUSD_2024-01-11_12-43-45-1024x539.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/SOLUSD_2024-01-11_12-43-45-768x404.png 768w\" sizes=\"(max-width: 1491px) 100vw, 1491px\" \/><\/a><figcaption id=\"caption-attachment-363365\" class=\"wp-caption-text\">Source: Trading View<\/figcaption><\/figure>\n<hr \/>\n<p style=\"text-align: center;\">Read <a href=\"http:\/\/ambcrypto.com\/predictions\/solana-price-prediction\" target=\"_blank\" rel=\"noopener\">Solana (SOL) Price Prediction<\/a> 2024-25<\/p>\n<hr \/>\n<p><span style=\"font-weight: 400;\">In contrast, <a href=\"http:\/\/ambcrypto.com\/polygon-can-the-upcoming-saga-airdrop-benefit-matic\/\" target=\"_blank\" rel=\"noopener\">MATIC<\/a> initiated its recovery on 10 January with an 11.58% increase. The positive momentum has persisted, resulting in an additional 5% increase, and MATIC is currently trading at around $0.9. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Also, the recent uptick in its price has moved its RSI back above the neutral line, indicating a positive trend in its market sentiment.<\/span><\/p>\n<figure id=\"attachment_363366\" aria-describedby=\"caption-attachment-363366\" style=\"width: 1491px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/MATICUSD_2024-01-11_12-48-01.png\"><img decoding=\"async\" class=\"size-full wp-image-363366\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/MATICUSD_2024-01-11_12-48-01.png\" alt=\"Polygon daily timeframe price trend\" width=\"1491\" height=\"785\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/MATICUSD_2024-01-11_12-48-01.png 1491w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/MATICUSD_2024-01-11_12-48-01-300x158.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/MATICUSD_2024-01-11_12-48-01-1024x539.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/01\/MATICUSD_2024-01-11_12-48-01-768x404.png 768w\" sizes=\"(max-width: 1491px) 100vw, 1491px\" \/><\/a><figcaption id=\"caption-attachment-363366\" class=\"wp-caption-text\">Source: Trading View<\/figcaption><\/figure>\n<p style=\"text-align: center;\">\n","protected":false},"excerpt":{"rendered":"<p>Polygon leads Solana in NFT sales volume in the seven-day timeframe, but Solana has shown a more positive trend.<\/p>\n","protected":false},"author":76,"featured_media":363370,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4029,4,20],"tags":[1266],"class_list":["post-363326","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-nft","category-social","category-trading-view","tag-matic"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.3) - 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