- Ethereum holds the lion's share with 37% of brands preferring it for their NFT Blockchain projects.
- Polygon, on the other hand, follows with a 16% share in the market as the most preferred NFT blockchain.
- At the third place, stands WAX, a carbon-neutral blockchain with a 9% share.
- Next most preferred blockchains in the line are - Tezos, Flow, and Palm, with each having a 7% share in terms of market preference
- One of the most promising blockchains and the fastest growing one, Solana has racked up a 5% market preference share. The same preference percentage has been garnered by Immutable X.
- The bottom three places have been occupied by Algorand, Eluvio, and Avalanche. Wherein, Algorand commands 3% share in the pie and the other two with 2% each.
Here is the break down of which Blockchain brands prefer for their NFT project
- Ethereum - 37%
- Polygon - 16%
- WAX - 9%
- Tezos - 7%
- Flow - 7%
- Palm - 7%
- Solana - 5%
- Immutable X - 5%
- Algorand - 3%
- Eluvio - 2%
- Avalanche - 2% (Source)