In the last week, markets for non-fungible tokens (NFTs) minted on top of Bitcoin have generated approximately $ 425.63 million in sales. The leading ten NFT collections over the seven-day period all originate from the Bitcoin blockchain. Several collections of Ordinal inscriptions based on Bitcoin are witnessing substantial trading volumes, establishing strong baseline values …
NFT Sales Soar to Over $500M; Bitcoin Leads With Unprecedented Growth
Sales of non-fungible tokens (NFTs) have surged by 52.81% over the past week, reaching a total of $ 503.35 million. Bitcoin has emerged as the frontrunner in this week’s NFT market, generating $ 276.79 million in sales, surpassing Ethereum’s $ 99.67 million, which previously held the top spot. Bitcoin Once Again Outperforms …
December Sparks NFT Sales Surge — Bitcoin Dominates as Market Recovers, Iconic Collections Realign
In the wake of a strong rise in non-fungible token (NFT) sales last November, the initial week of December continued this trend, with sales escalating by 57% compared to the previous week. Bitcoin Outshines as NFT Sales Skyrocket in Early December This past week’s NFT sales amounted to approximately $ 316 million. Despite this …
NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge
Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise in Ordinal inscription minting and trading activities […]
Bitcoin Flips Ethereum for the First Time in 24-Hour NFT Sales Shift
On Wednesday, November 8, 2023, the Bitcoin blockchain saw its non-fungible token (NFT) asset sales surpass those on the Ethereum platform, marking a historic shift during a single-day span. According to the analytics provided by cryptoslam.io, Bitcoin-based NFT transactions amounted to $ 17.17 million, eclipsing the $ 15.77 million in Ethereum NFT sales …