Bitcoin NFTs continue to dominate the market with a 74% sales bump

03/19/2024 02:55
Bitcoin NFTs continue to dominate the market with a 74% sales bump

Bitcoin leads the NFT market with a significant sales increase, outperforming Ethereum, Solana, and BNB

Bitcoin opened the week as the top blockchain for non-fungible tokens (NFT) on Monday, with sales skyrocketing by 74% in the past 24 hours.

The blockchain recorded US$21.11 million in sales, a substantial increase from Sunday’s US$12.13 million, according to CryptoSlam data.

The number of transactions also rose 17% from 5,773 to 6,759 transactions.

Monday’s sales volume experienced a decline of approximately US$1 million from Friday.

Like Friday, Ethereum and Solana ranked second and third respectively in the past 24 hours.

Ethereum experienced a sales decrease of 21%, with a total sales volume of US$12.41 million.

Solana, on the other hand, saw a sales increase of 32%, with a total sales volume of US$10 million.

Solana has been the big story for the industry in recent days, with the network’s native cryptocurrency flipping BNB on Monday to become the fourth-largest cryptocurrency by market capitalization.

SOL was trading at US$199 at 2:30 p.m. ET.

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