The surge was driven by an RWA NFT marketplace called Courtyard, which tokenizes carnal collectible cards.
Polygon-based non-fungible tokens (NFTs) took the apical spot successful integer collectible income aft surging 20% successful the past 7 days.
On April 22, NFT information tracker CryptoSlam showed that Polygon NFTs overtook Ethereum, reaching a $22.3 cardinal measurement successful the past week. This represented 24% of past week’s wide NFT income volume, which reached $92.9 million.
The web besides had implicit 39,000 NFT buyers for the week, an 81% summation implicit the erstwhile week.
Ethereum remained 2nd successful sales, with a $19.2 cardinal NFT income measurement for the week. Mythos Chain followed with $14.3 million, portion Bitcoin-based collections ranked 4th with $14.1 cardinal for the week.
RWA NFT postulation drives Polygon surge
The Polygon NFT surge was driven by a azygous real-world plus (RWA) NFT collection, highlighting that the RWA communicative has reached the NFT space.
RWA tokenization refers to tangible assets minted connected the blockchain to summation accessibility and trading opportunities for the assets. Simply put, it’s transforming real-world assets similar art, spot oregon adjacent stocks into integer tokens connected a blockchain that tin beryllium bought, held oregon traded.
CryptoSlam information shows that accrued income from Courtyard NFTs caused the Polygon NFT surge. The postulation reached a income measurement of $20.7 million, eclipsing the performances of different fashionable NFT projects for the week.
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Courtyard is an RWA marketplace for graded carnal paper collections. This includes the Pokémon, hoops and shot cards that are fashionable among collectors.
The level operates by storing and insuring tokenized cards successful a vault operated by a information company. This means that NFTs are physically backed. After purchasing NFTs, users tin opt to redeem the carnal card. When this happens, the NFT is burned and volition nary longer beryllium traded successful the marketplace.
Onchain RWAs person been a beardown communicative successful the archetypal 4th of 2025. Data from RWA.xyz shows that tokenized assets person reached $21.2 billion, with full plus holders of much than 97,000. This excludes the worth of stablecoins, which is already astatine $227 billion.
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