PolygonInsights - WEEK43

Polygon Labs
November 1, 2022
Polygon News
Image source: Dribbble

Hola readers! Nansen announced NFT support for Polygon, Axelar partnered with Polygon to deliver cross-chain communication to Polygon Supernets, and BitPay, the world’s largest provider of Bitcoin and cryptocurrency payment services, has announced support for Polygon and $MATIC.

Let’s dive in. 

Key takeaways: 

  • The weekly NFT Volume continues to grow, reaching $3.9 Bn. Last week’s growth could be attributed to an increase in volume across Opium Network Position Token ($3.4 Mn, +20%), ZED horse ($438k, +25%), and Demet NFT ($201k, +320%). 
  • Weekly NFT Mints climbed up to 3.85 Mn, an increase of 42% from the previous week and the highest in three weeks. The growth was primarily due to Sunflower Land Inventory (352k, +116%), Planet IX (134k, +60%), and Unstoppable Domains (29k, +21%).
  • Gaming activity is on the rise, with Benji Bananas (159k, +9%), Sunflower Land (23k, +25%), Planet IX (16k, +4%), and Ultimate Champions (11k, +28%) taking the lead in user base expansion.

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