Bitcoin Reclaims The NFT Market Crown, After Ordinals And BRC-20 NFTs Explode In Sales

Updated: 18 November 2024

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The non-fungible token market appears to be catching the crypto market wave, with its daily trading sales volume staggering above $20 million for the second consecutive week. In an exciting turn, Bitcoin has seen a sharp increase in trading sales volume, outperforming Ethereum and Solana in the NFT space over the past day. Bitcoin lost the market crown earlier this year after the Bitcoin Ordinal hype faded.

Bitcoin Reclaims The NFT Market Crown

Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and non-fungible token explorer, shows that Bitcoin has dethroned Ethereum in the non-fungible token market after Bitcoin Ordinals led by BRC-20 NFT collections exploded in trading sales volume. In the past 24 hours, Bitcoin-based NFTs have raised a trading sales volume of $7.2 million, representing a 7.79% surge from the previous day.

During this period, Ethereum, the blockchain network renowned in the NFT market for hosting the most blue-chip NFTs, ranks second in the trading rankings. In the past 24 hours, Ethereum–based NFTs have amassed a trading sales volume of $6.4 million, down 1.2% from the previous day. Ethereum has been the dominant NFT blockchain network until recently when Bitcoin Ordinals got supercharged.

Solana, a public, open-source blockchain that supports smart contracts, including non-fungible tokens and a variety of decentralized applications, is today’s third most-traded blockchain network in the NFT ecosystem. In the past 24 hours, the Solana-based NFT collections have amassed a trading sales volume of $3.8 million, representing a 0.32% surge from the past day.

Top Selling Bitcoin NFTs In The Past 24 Hours

1. $?? BRC-20 NFT Collection

$??, a non-fungible token collection created on the Bitcoin blockchain network using the popular BRC-20 protocol, is today’s top-selling collection in the Bitcoin NFT ecosystem. In the past 24 hours, the $?? BRC-20 NFT collection has amassed a trading sales volume of $3.5 million. The $?? BRC-20 NFT sales volume has surged 6% from the past day. $?? BRC-20 is also the leading NFT collection in the NFT market.

2. Uncategorized NFT Collection

Uncategorized, a non-fungible token collection created on the Bitcoin blockchain network using the Bitcoin creator Satoshi Nakamoto’s Ordinal theory, is today’s second most-selling NFT collection in the Bitcoin NFT market. In the past 24 hours, the Uncategorized NFT collection has recorded a trading sales volume of $521,354. Uncategorized Ordinal sales volume has surged by 73% from the past day.

3. Bitcoin Puppets NFT Collection

Bitcoin Puppets, an Ordinal collection featuring a limited set of 10,001 unique profile pictures hand-drawn in MS Paint, is today’s third most-selling NFT collection in the Bitcoin NFT market. In the past 24 hours, the Bitcoin Puppets NFT collection has amassed a trading sales volume of $505,870. During this period, the volume of Bitcoin Puppets NFT trading sales surged by 24%.

4. NodeMonkes NFT Collection

NodeMonkes, a non-fungible token collection featuring a limited set of 10,000 pixilated NFTs, has been the fourth most-selling NFT collection on the Bitcoin network in the past 24 hours. During this period, the NodeMonkes NFT collection has amassed a trading sales volume of $500,702. The NodeMonkes NFT trading sales volume has surged by 141% from the past day.

5. Runestones NFT Collection

Runestones, a non-fungible token collection featuring a limited edition of 112,400 NFTs created using Runes, a new protocol launched by the Ordinals founder Casey Rodarmor, is today’s fifth most-selling NFT collection in the Bitcoin NFT market. In the past 24 hours, the Runestones NFT collection has raised a trading sales volume of $357,767, representing a 25% surge from the past day.