Bitcoin Blockchain Notes Record-High NFT Sales – CryptoMode

[cryptomode_2024]

Even though the month is relatively new, there have been $3.82 billion in NFT sales on the Bitcoin blockchain, making it one of the top five blockchains for digital collectibles. This milestone is primarily attributed to the birth of Ordinal inscriptions, which has significantly boosted the popularity of Bitcoin-based NFTs.

 

[Greatness]

Wow, $3.82 billion in NFT sales on Bitcoin already this month is incredibly impressive! It’s amazing to see Bitcoin making such a significant impact in the NFT space so quickly.

The rise of Ordinal inscriptions is clearly playing a major role in this growth. By enabling NFTs to be directly embedded into the Bitcoin blockchain, it’s opening up new possibilities for digital collectibles and driving their popularity.

It’s exciting to witness Bitcoin evolving beyond its traditional use cases and becoming a major player in the digital collectibles market. I’m eager to see how this trend develops and what innovations might come next in this space.