After increasing its lead as the largest blockchain by all-time sales volume, Ethereum proceeded to achieve milestones in the non-fungible token (NFT) arena.
When it comes to buying, holding, and trading digital collectibles, Ethereum is the most popular chain. Ethereum has a total sales volume of around $27.50 billion as of May 31, according to Be[In]Crypto Research.
After its native cryptocurrency, ETH, went below $2,000 in May, the project’s market valuation plummeted below $250 billion.
With this achievement, Ethereum now ranks first among the top five NFT blockchains in terms of all-time sales, ahead of Ronin, Solana, Flow, and Polygon. WAX, Avalanche, Palm, Tezos, Panini, Binance Smart Chain (BSC), and Waves are among the other chains vying for the biggest sales volume.
