DecentralandThis Week in the Metaverse: Bitcoin ups its NFT game, surpassing Solana in weekly volume
Fortune on MSN.com
•10 days ago
The popularity of Ordinals, or Bitcoin NFTs, led to the blockchain compiling the second-highest NFT sales volume over the past week.
Trained AI Editor
According to CoinGecko, the total weekly trading volume in the NFT market for Bitcoin has more than tripled since the beginning of April, surpassing Solana's weekly volume. This surge can be attributed to the increasing demand for digital collectibles, as well as the growing popularity of decentralized finance (DeFi) applications and Non-Fungible Token (NFT) platforms. NFTs are digital assets that are cryptographically unique and can represent a wide variety of digital content, including artwork, music, and digital collectibles. With the rise of the NFT market, Bitcoin is quickly becoming a major player in the space.
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