Nansen: After Polygon partnered with Reddit, its NFT market adoption rate reached an all-time high

2022-12-13 11:11:16

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ChainCatcher news, according to CoinDesk, data from blockchain analytics platform Nansen shows that after collaborations with well-known companies like Reddit, the adoption rate of Polygon's NFT market is significantly increasing. In the past 24 hours, four of the top 10 NFTs in Polygon's market are related to Reddit, and these NFTs were airdropped in late August.

Additionally, since early August, the weekly number of users in Polygon's NFT ecosystem has grown by over 500%. From December 5 to December 12, the weekly NFT user count on Polygon surpassed 240,000, setting a new record.

However, the weekly trading volume has approached a low point in recent months, as Nansen's senior data reporter Martin Lee stated on Twitter, indicating that most of the activity consists of free minting/low-value purchases. (CoinDesk)

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