When it comes to NFTs, the Ethereum network leads the way with 72.3% market share in 2023

According to a report released by CoinGecko, in the field of NFTs, the Ethereum network leads with a market share of 72.3% and a trading volume of 8.54 billion US dollars in 2023. However, compared to 2022, Ethereum's market share has fallen below that of Bitcoin and Solana networks. Bitcoin is the second largest NFT blockchain, with a market share of 12.9% and a trading volume of 1.5 billion US dollars in 2023. After introducing Bitcoin's ordinal number, Bitcoin has become one of the largest blockchain for NFT transactions. Ethereum and Bitcoin dominate the NFT field, accounting for a total of 85.2% of NFT trading volume. Solana ranks third with a market share of 7.4%, followed by Immutable X (2.3%), Polygon (2.2%), BNB Chain (1.3%), Flow (0.8%), Arbitrum (0.4%), Avalanche (0.3%), and Ronin (0.2%).