Bitcoin NFT Ranks 2nd Among All Blockchain Sales in Last 7 Days

The sales of NFT saw a slight increase last week, a slight increase of about 1.46% compared with the previous week. From April 29, 2023 to May 6, 2023, the cumulative value of NFT sales reached $149.31 million. Still, sales beat expectations in the most recent week, with sales jumping 31.22%. NFT sales reached $208.17 million during this seven-day time interval. The massive increase in NFT sales this week can be attributed to the emergence of NFTs originating from the Bitcoin blockchain. Bitcoin-based NFT sales are gaining momentum, and according to cryptoslam data recorded on May 14, 2023, Bitcoin NFT sales have become a major contributor to the Crypto collectibles sales segment across 21 different blockchains. Ethereum NFT sales continued to dominate, with $111.26 million in NFT sales; however, the runner-up spot was taken by Bitcoin-based NFTs, also known as ordinal inscriptions. Data shows that Bitcoin NFT sales reached $53,433,451, ranking second among the 21 blockchains. Bitcoin NFT sales jumped 187.54% compared to the previous week.

Related Posts

Intel reveals outlook for ‘AI chip wars’

According to the Financial Associated Press, on Monday local time, Intel disclosed the latest details of the company’s future AI computing strategy deployment at the High Performance Computing Exhibition in Hamburg, Germany. For Falcon Shores, the next-generation Max series GPU chip that…
Read More