Posts

Showing posts with the label blockchain network

NFT Sales Jump +11% To $128M This Week – InsideBitcoins

Image
The global non-fungible token market has recorded positive growth again this week, recording a trading sales volume of $128 million, up 11% in the past seven days. This growth is likely driven by a combination of increasing mainstream adoption, advancements in technology, and changing consumer preferences. In this article, we shall explore in-depth the full state of the NFT market this week as well as what traders should expect in the coming week and beyond. NFT Sales Rise +11% This Week Data compiled by CryptoSlam.io, an on-chain crypto market data aggregator and a multi-chain non-fungible token collection explorer, shows that the global non-fungible token market has surged in trading sales volume again this week. In the past seven days, the NFT market has raised a trading sales volume of $128 million, up 11% from the past month. The NFT market raised a trading sales volume of $115 million last week, up 10% from the previous month. Ethereum, the blockchain network renowned in ...

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

Image
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...