DappRadar data shows that the 30-day trading volume of Base chain NFT has jumped into the top three.

Coinbase’s second-layer network Base has seen a 70% increase in NFT transaction volume in the past 30 days, ranking third in non-fungible token (NFT) transaction volume.

According to data from the decentralized application data aggregation platform DappRadar, Base’s NFT transaction volume reached US$47.67 million, an increase of 70% from the previous month. This growth has allowed the network to surpass numerous competitors in the NFT space, including Immutable zkEVM, which ranks fourth by 30-day trading volume, and Solana (SOL), which ranks fifth.

Get Based, DX Terminal and Based Style series of NFTs have achieved a total transaction volume of approximately US$25 million, further increasing the activity of NFT transactions on the network.

In addition to NFT transaction volume, data shows that Base also ranks among the top in terms of overall ecological activity. Over the past 30 days, the network has processed more than 27 million transactions, with total decentralized application (DApp) transaction volume exceeding $16 billion, the total amount of token transfers across all DApps within the network.

Ethereum (ETH) NFT trading volume exceeds US$400 million

Despite Base’s strong performance, Ethereum (ETH) remains the most dominant network in the NFT space. DappRadar data shows that Ethereum (ETH) NFT transaction volume reached $408 million in the past 30 days.

NFT series such as CryptoPunks, Pudgy Penguins, Moonbirds, Bored Ape Yacht Club (BAYC), and Lil Pudgys led trading activity on Ethereum (ETH), with a combined volume exceeding $200 million.

Blue chip NFT series floor prices dropped

However, the floor prices of blue-chip NFT series have declined recently. On Tuesday, DefiLlama data showed that the top NFT series on Ethereum (ETH) fell in price. Pudgy Penguins, BAYC and Doodles all posted double-digit percentage declines.

CryptoPunks floor prices remained basically stable during the same period, with a decrease of less than 2%.

Polygon continues to rank second in NFT trading volume in the past 30 days, with a trading volume of $62.29 million, an increase of 15% from the previous 30 days.

Courtyard NFTs represent tokenized versions of real-world assets (RWA) such as trading cards and account for the majority of Polygon’s NFT trading volume. Courtyard NFTs trading volume is $57.65 million, an increase of 21% in the past 30 days.