Blockchains are currently competing to lead the NFT market through the annual growth of trade volume and increasing the number of transactions and user interaction. The Blockchain network Ethereum continued to dominate in February, while Bitcoin, Solana and Polygon showed substantial development. The following analysis assesses the performance of the twelve most important block chains that NFT sales have registered.
Top block chains per monthly #NFT Sales volume
#Tereum #bitcoin #solana #polygon #mythos #immable #base #bnbchain #flow #ronin #cardano #avalanche pic.twitter.com/XTykuie1om1om– Phoenix – Crypto News & Analytics (@PNXGRP) 5 March 2025
Ethereum maintains its NFT market leadership
In February 2025, Ethereum maintained its leadership position as the NFT market leader by reaching $ 223 million in turnover via 623,602 transactions. The blockchain maintained its leading position as a prominent trading platform through its 36,745 buyers and 31,744 suppliers.
Ethereum retains its market dominance for NFT collections with blue-chip and primary large market places despite its increased gas costs. The NFT industry maintains its leadership in the network due to the high liquidity in addition to strong security and extensive ecosystem components.
Bitcoin’s NFT ecosystem is rapidly expanding
Bitcoin takes the second position in the NFT sector due to the turnover of $ 104.8 million in addition to 158,439 transactions. The phenomenon of Bitcoin-Native NFTs and ordinals has resulted in 3,498 buyers and 3,681 traders on the platform.
Traditional blockchain systems avoided historical association with NFTs until innovative inscription methods created sudden market growth. The NFT market input of Bitcoin transforms the understanding of investors and traders of blockchain options, which go beyond maintaining value.
Solana, Polygon and Mythos Stimulate High Transactions
Solana maintained its dominant market position by NFT revenue, which was a total of $ 51.3 million and transaction processing at 723,603 transactions. Low transaction costs in combination with rapid processing enabled Solana to reach 16,584 buyers and at the same time attract 21,704 sellers during the period.
The activity on the blockchain of Polygon reached remarkable heights when it reached $ 44.4 million in sales and processed an amazing 1,077,829 transactions. Polygon developed its status as a leading platform for gaming through its combination of 11,125 buyers and 3,409 sellers who have access to affordable NFT collections.
Mythos emerged as an emerging blockchain with a turnover of $ 41.1 million and 1.6 million transactions, which exceeded the trading of most networks. Nowadays this blockchain enters considerable participation in both traders and NFT admirers because it combines 10,122 sellers and 12,148 buyers.
Emerging block chains get a grip in NFT room
Immutable X, specialized in Game NFTS, achieved $ 20.8 million in sales during the processing of 34,478 transactions. The network maintained its status as Gaming NFT leader via its 1,616 buyer and 1,714 seller participation base.
The base layer-2 blockchain operated by Coinbase achieved $ 13.8 million in transactions while completing 353,387 operations. The NFT ecosystem appreciates the basis for its growing presence, despite the fact that it only has 2,057 buyers and 3,009 sellers.
BNB chain experienced $ 8.1 million in turnover of its 28,427 transactions via 4,544 buyers and 2,365 sellers to guarantee its position in the market.
The platform current, which reigned the market through its NBA Top Shot Project, generated $ 5 million in sales and processes 304.138 transactions with 2,569 buyers and 2,674 sellers. Despite a reduction in trade volume, the platform remains active in the NFT Collectables sector. Ronin, Cardano and Avalanche are the last three on the list.
The Future of NFT market competence
The dominance of Ethereum continues, while the fast Bitcoin market growth points to changing NFT trends. The transaction volume competition between Solana, Polygo and Mythos continues while base and unchangeable X establish their positions in the market.