Top NFT Marketplaces In The Second Largest Blockchain

Web3 is one of the most popular and competitive spaces on the internet. Web3 houses a number of competitive markets on the internet, and we could see market updates about prominent ventures making it to the top frequently.

According to DappRadar’s recently published report, eminent blockchain network Polygon has surpassed Hive to become the second-largest gaming blockchain recording 138,081 daily unique active wallets, which represents a significant 53% increase in March from the previous month. While the Hive blockchain has nearly 84,000 daily unique active wallets, which pushes it to third place.

Polygon, which was earlier well-known for DeFi dApp development has now transformed its image to a P2E-suitable blockchain grabbing the second place top on the list just below the WAX blockchain.

Factor Which Caused the User Activity Surge In Polygon

There can be several factors that contribute to the daily unique active wallet numbers in the chain. However, it is perceived that one major factor that could have contributed significantly to the dUAW (daily Unique Active Wallet) was the adoption of the Hunters On-Chain game’s adoption. The game has recorded an exponential rise of 17,000% in the daily unique active wallets.

On the other hand, the reason which led to this surge in the adoption of Hunters On-Chain is still unclear.

Top NFT Marketplaces On Polygon Chain

While the blockchain itself accelerates to the top position in the gaming category. There are some bullish trends among the NFT marketplaces and NFT game platforms in the Polygon blockchain network. The below-listed ranking of top NFT marketplaces is according to the list established on DappRadar based on trade volume.

OpenSea

The OpenSea NFT marketplace is well known for unfurling its services across a wide range of blockchain networks. The NFT marketplace is also kenspeckle for bringing innovative updates to its platform in order to support its community better. OpenSea has currently regained its top spot in the top marketplace category with more than 5,000 daily unique active wallet count and with the total amount of incoming value to dApp’s smart contracts at more than 179000.

Jump.trade

Asia’s largest NFT marketplace has secured 2nd position in the top NFT marketplace list on the polygon chain. The marketplace offers various cricket NFTs with P2E scope for players worldwide. In addition, the marketplace is all geared up for its next launch of the RADDX Racing Metaverse game, with its NFTs selling within minutes. In addition, this marketplace showcased a lot of potential in the market, surpassing OpenSea to become the number 1 NFT marketplace for game assets in the Polygon network. The marketplace has facilitated NFT trading, valued at more than 173,000 in the last 30 days.

Decentraland

The popular NFT marketplace enables users to buy and sell digital land plots, estates, avatar wearables, and much more. However, the marketplace has been spotted in the 3rd position with a total trade volume of more than 20,000 U.S. Dollars.

OKX NFT Marketplace

OKX NFT marketplace is one of the popular NFT trading platforms running on multiple blockchain networks, including Avalanche, Ethereum, Polygon, and BNB Chain. The marketplace not only supports trading of in-game NFT assets, but it also features some of the kenspeckle NFT collections in the NFT market, including but not limited to BAYC, Azuki, Mutant Ape collections, and much more.

Aavegotchi

It is one of the revolutionary NFT marketplaces in the NFT market, becoming the first NFT trading platform to launch DeFi-backed Non-Fungible Tokens. In addition, it is also a community-centered NFT gaming protocol that enables gamers to have ownership over a wide range of in-game assets.

Summing It Up

Web3 markets are one of the competitive markets on the internet. Polygon, which was earlier the go-to blockchain network for DeFi dApp development, has now transformed its image into a suitable protocol for building P2E games. In addition, The top NFT marketplaces in the protocol are also related to P2E games directly or indirectly.