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Despite the non -lovable tokens market which has experienced fluctuations over the past four years, Bitcoin has solidified its position as an important actor, in particular with the advent of ordinals and its NFT ecosystem in rapid growth. According to the latest statistics, nearly 100 million ordinal registrations have been struck on the Bitcoin Blockchain network, raising a negotiation sales volume of more than $ 5.5 billion.
Bitcoin secures 3rd place on the NFT market
The data compiled by compiles.com, an ordinary chain explorer that provides chain record analysis services for BTC registrations, runes, rare SAT and collections of non-fascinable tokens BRC-20, indicates that the Bitcoin network continues to solidify its position on the world market NFT. Since entering the NFT market in December 2022, the Bitcoin network has seen nearly 100 million ordinals registered on its platform.
Even if the Bitcoin network is not as widely used for NFT as the Ethereum and Solana networks, it has become more and more relevant since the introduction of the Ordinal Protocol, which allows users to register art, images and files directly on the Bitcoin Blockchain network. Robust Bitcoin safety and increasing capacities have also made it a convincing platform for NFT. This NFT innovation has given Bitcoin Blockchain a new role in the world of digital collectibles.
Bitcoin ordinals have gained popularity because of their ability to make each Satoshi, “the smallest bitcoin unit”, a unique and collective asset by attaching data, similar to NFT. Today, Bitcoin is the third largest blockchain network by a volume of non -bubilizable token sales, preparing a significant position in the NFT ecosystem. Overall, Bitcoin has regularly cemented its position in the NFT landscape, standing with Ethereum and Solana networks.
Bitcoin strikes + $ 5.5 billion in NFT sales volume
The data compiled by Cryptoslam, a chain cryptography market explorer and a non -bubble chip explorer, shows that the NFT collections based on Bitcoin have increased a sales volume of $ 5.4 million since their creation in December 2022. Bitcoin has been taking third in the NFT world market, standing behind Ethereum and Solana. The NFT series, based in Solana, increased a volume of negotiation sales of $ 6.3 billion, while the NFT based on Ethereum have gathered a sales volume of $ 45 billion from all time.
Uncorcented ordinals, an ordinal collection featuring individual digital active ingredients on the Bitcoin blockchain that have not been officially grouped in collection, leads the BTC NFT series pack, accelerating $ 478 million in sales volume. The train behind Nodemonkes, an ordinal collection with a limited edition of 10,000 unique digital works on the theme of 8 -bit monkeys registered on Bitcoin blockchain using the Ordinal Protocol, with $ 319 million.
Another NFT Leader collection on the Bitcoin NFT market includes Runestone, an NFT collection built on the Bitcoin Ordinals protocol, notable for its innovative approach to reward the first supporters of the Ordinals project and Bitcoin puppets, a volume of renowned non -fascinated tokens of $ 251 million and $ 243 million, respectively.
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