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Blockchains currently compete to lead the NFT market through annual trading volume growth and increasing transaction count and user interaction. The blockchain network Ethereum continued to dominate in February while Bitcoin, Solana, and Polygon demonstrated substantial development. The following analysis reviews the performance of the twelve foremost blockchains that recorded NFT sales. TOP BLOCKCHAINS BY MONTHLY #NFT SALES VOLUME #Ethereum #Bitcoin #Solana #Polygon #Mythos #Immutable #Base #BNBChain #Flow #Ronin #Cardano #Avalanche pic.twitter.com/Xtykuie1oM — PHOENIX – Crypto News & Analytics (@pnxgrp) March 5, 2025 Ethereum Maintains Its NFT Market Leadership In February 2025, Ethereum maintained its leadership position as the NFT market leader by achieving $223 million in sales through 623,602 transactions. The blockchain maintained its leadership position as a prominent trading platform through its 36,745 purchasers and 31,744 vendors. Ethereum retains its market dominance for blue-chip NFT collections and primary major marketplaces despite its elevated gas costs. The NFT industry maintains its leadership in the network due to its high liquidity alongside strong security and extensive ecosystem components. Bitcoin’s NFT Ecosystem Expands Rapidly Bitcoin occupies the second position in the NFT sector due to its $104.8 million sales alongside 158,439 transactions. The Bitcoin-native NFTs and Ordinals phenomenon has resulted in 3,498 purchasers and 3,681 traders across the platform. Traditional blockchain systems historically avoided association with NFTs until innovative inscription methods created a sudden market growth. The NFT market entry of Bitcoin transforms investor and trader understanding of blockchain capabilities, which extend beyond maintaining value. Solana, Polygon, and Mythos Drive High Transactions Solana maintained its dominant market position through NFT sales that totalled $51.3 million and transaction processing at 723,603 transactions. Low transaction fees combined with fast processing enabled Solana to achieve 16,584 buyers while attracting 21,704 sellers during its period. The activity on Polygon’s blockchain reached remarkable heights when it achieved $44.4 million in sales and processed an astounding 1,077,829 transactions. Polygon developed its status as a leading platform for gaming through its combination of 11,125 buyers and 3,409 sellers who access affordable NFT collections. Mythos emerged as an emerging blockchain with $41.1 million in sales and 1.6 million transactions, which exceeded most networks’ trading counts. Today this blockchain attracts substantial participation from both traders and NFT admirers because it pairs 10,122 sellers and 12,148 buyers. Emerging Blockchains Gain Traction in NFT Space Immutable X, specialized in game NFTs, achieved $20.8 million in sales while processing 34,478 transactions. The network maintained its status as a gaming NFT leader through its 1,616 buyer and 1,714 seller participation base. The Base Layer-2 blockchain operated by Coinbase achieved $13.8 million in transactions while completing 353,387 operations. The NFT ecosystem appreciates Base for its growing presence despite having only 2,057 buyers and 3,009 sellers. BNB Chain experienced $8.1 million in sales from its 28,427 transactions through 4,544 buyers and 2,365 sellers to secure its position in the market. The platform Flow, which ruled the market through its NBA Top Shot project, generated $5 million in sales while processing 304,138 transactions involving 2,569 buyers and 2,674 sellers. Despite a reduction in its trading volume, the platform continues to stay active in the NFT collectables sector. Ronin, Cardano, and Avalanche are the last three on the list. The Future of NFT Market Competition The dominance of Ethereum continues while the quick Bitcoin market growth indicates changing NFT trends. The transaction volume competition between Solana, Polygo, and Mythos continues as Base and Immutable X establish their positions in the market.

On March 3, 2025, AB DAO officially listed its native token, $AB, on Bitget, a leading global cryptocurrency exchange. This strategic move enhances $AB's accessibility and expands its presence in the Web3 ecosystem. Bitget: A Top-Tier Exchange for $AB Bitget, ranked among the top three exchanges on Coingecko, offers secure and efficient trading for digital assets. The inclusion of $AB in Bitget's Innovation Zone and Web3 Zone strengthens AB DAO’s global adoption and liquidity. $3.5 Million Airdrop to Celebrate the Listing To mark this milestone, AB DAO and Bitget launched a massive airdrop event worth $3.5 million to reward users and grow the ecosystem. The airdrop includes two events: PoolX – Stake BTC, ETH, and BGB to Earn AB Airdrop Pool: 165,607,000 AB CandyBomb – Deposit & Trade to Earn AB Airdrop Pool: 69,895,000 AB Full details on participation are available on Bitget’s official announcement. $AB Trading Details on Bitget Deposits: Open Trading: March 3, 2025, 10:00 (UTC) Withdrawals: March 4, 2025, 11:00 (UTC) About AB DAO AB DAO is a community-driven blockchain ecosystem providing decentralized services for Web3 users. Originally launched in 2018 as Newton, the network was rebranded as AB in 2025. $AB serves as both a governance and gas token, powering the network. The Bitget listing is a major step in AB DAO’s expansion, offering enhanced liquidity and trading opportunities for global users.

On March 3, 2025, AB DAO officially listed its native token, $AB, on Bitget, a leading global cryptocurrency exchange. This strategic move enhances $AB's accessibility and expands its presence in the Web3 ecosystem. Bitget: A Top-Tier Exchange for $AB Bitget, ranked among the top three exchanges on Coingecko, offers secure and efficient trading for digital assets. The inclusion of $AB in Bitget's Innovation Zone and Web3 Zone strengthens AB DAO’s global adoption and liquidity. $3.5 Million Airdrop to Celebrate the Listing To mark this milestone, AB DAO and Bitget launched a massive airdrop event worth $3.5 million to reward users and grow the ecosystem. The airdrop includes two events: PoolX – Stake BTC, ETH, and BGB to Earn AB Airdrop Pool: 165,607,000 AB CandyBomb – Deposit & Trade to Earn AB Airdrop Pool: 69,895,000 AB Full details on participation are available on Bitget’s official announcement. $AB Trading Details on Bitget Deposits: Open Trading: March 3, 2025, 10:00 (UTC) Withdrawals: March 4, 2025, 11:00 (UTC) About AB DAO AB DAO is a community-driven blockchain ecosystem providing decentralized services for Web3 users. Originally launched in 2018 as Newton, the network was rebranded as AB in 2025. $AB serves as both a governance and gas token, powering the network. The Bitget listing is a major step in AB DAO’s expansion, offering enhanced liquidity and trading opportunities for global users.

February 2025 Blockchain Technology Highlights: Key updates included Bitcoin’s privacy-focused Lightning Network improvements and bandwidth-saving Erlay protocol; Ethereum’s delayed Pectra upgrade, cross-chain Open Intents Framework, and security breach; Solana’s dynamic inflation proposal; Base’s scalability boost; BNB Chain’s AI integration roadmap; Near’s sub-second block times and AI tools; Sonic’s gas fee reforms; Hyperliquid’s EVM compatibility; Berachain’s mainnet debut; and Bybit’s $1.5B frontend exploit.

Analysis: Ethereum Pectra upgrade could boost $ETH in the long run The upcoming Pectra upgrade to the Ethereum mainnet in April could be bullish for ETH in the long run, crypto market intelligence platform IntoTheBlock reported via X. Despite this, it underscores that based on the previous two upgrades, network upgrades alone will not generally determine broader market trends. The Pectra upgrade encompasses a total of 10 Ethereum Improvement Proposals (EIPs), among which the EIP-7742 is able to establish a mechanism for the Ethereum consensus layer to “dynamically” set the blob gas target and max values. In addition, the Pectra upgrade has recently been activated on the Ethereum Sepolia testnet.