Base's 70% Monthly Surge Positions It As NFT Ecosystem Game-Changer

The landscape of non-fungible token trading is undergoing a significant reshuffle. Base, Coinbase’s layer-2 blockchain, has emerged as a breakout performer with $47.67 million in NFT trading volume over the past 30 days—marking a remarkable 70% monthly increase. This performance catapulted Base into third place among all blockchain networks, surpassing previously dominant players like Immutable zkEVM and Solana in NFT rankings.

What’s driving Base’s explosive growth? Collections including Get Based, DX Terminal, and Based Style have collectively generated approximately $25 million in NFT trading volume. Beyond the NFT sector, Base demonstrates formidable ecosystem strength: the network processed over 27 million transactions and accumulated more than $16 billion in decentralized application volume during the same period.

Ethereum Maintains NFT Dominance Despite Market Correction

Despite Base’s impressive ascent, Ethereum continues to reign supreme in the NFT arena. The blockchain recorded $408 million in NFT trading volume over 30 days, nearly 8.6 times larger than Base’s volume. The leading collections—CryptoPunks, Pudgy Penguins (which gained recognition for their unique 3D-rendered designs), Moonbirds, Bored Ape Yacht Club (BAYC), and Lil Pudgys—collectively drove over $200 million in trading activity.

However, the market shows signs of consolidation. Floor prices across blue-chip NFT collections experienced notable declines. Pudgy Penguins, BAYC, and Doodles each recorded double-digit percentage drops in their floor prices, though CryptoPunks held relatively stable with less than 2% depreciation.

Polygon Consolidates Second Place As RWA Tokens Gain Traction

Polygon maintains its position as the second-largest NFT trading venue with $62.29 million in 30-day volume—up 15% monthly. A significant portion of this growth stems from Courtyard NFTs, which tokenize real-world assets (RWAs) like trading cards, reaching $57.65 million in volume (up 21% month-over-month).

This shift reveals a maturing market where investors increasingly seek bridges between digital and physical asset ownership. As Base continues its upward trajectory and Polygon capitalizes on the RWA trend, the competitive dynamics of blockchain ecosystems are reshaping the NFT trading infrastructure.