{"id":390385,"date":"2022-01-06T16:07:10","date_gmt":"2022-01-06T13:07:10","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/polygon-network-activity-spikes-as-nft-sales-reach-new-height\/"},"modified":"2022-01-06T16:07:10","modified_gmt":"2022-01-06T13:07:10","slug":"polygon-network-activity-spikes-as-nft-sales-reach-new-height","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/polygon-network-activity-spikes-as-nft-sales-reach-new-height\/","title":{"rendered":"# Polygon network activity spikes as NFT sales reach new height"},"content":{"rendered":"

“# Polygon network activity spikes as NFT sales reach new height <\/strong>”<\/p>\n

The number of nonfungible tokens (NFT\u2019s) sold on the layer-two protocol Polygon reached an all-time high last month at just short of 2 million.\u00a0<\/p>\n

According to Dune Analytics, this marks a near 60% rise<\/a> in comparison to November and the third consecutive monthly increase for the network.<\/p>\n

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An Ethereum-based scaling solution seeking to construct, distribute and manage securities on blockchain technology<\/a>, Polygon\u2019s ecosystem has grown exponentially over the past twelve months, registering in excess of 3,000 decentralized app<\/a>lications on its network, in addition to a total value locked figure of $3.86 billion.<\/p>\n

Alongside this, the number of unique daily active proof-of-stake chain addresses on the network is also expecting a new all-time high, aiming to surpass the record of 566,516 printed on Oct. 2, 2021, with the most recent data<\/a> from Jan. 5, 2022, calculating 554,163.<\/p>\n

Related: Here’s how Polygon is challenging the limitations of Ethereum, as told by co-founder Sandeep Nailwal<\/em><\/strong><\/p>\n

In an interview with Cointelegraph last month, co-founder Sandeep Nailwal revealed that Polygon has found a niche in attracting a high proportion of gaming companies and platforms to build NFT\u2019s on their network, as opposed to the collectibles and art often witnessed on Ethereum.<\/p>\n

Polygon\u2019s native token, MATIC, reached a peak price of $2.92 on Dec. 27, 2021, and has subsequently fallen to $2.11 at the time of writing in line with a wider market decline.<\/p>\n