CandleFocus

Over 75M Ordinal Inscriptions and $4.5B in Sales—Bitcoin Finds Its NFT Footing

The news highlights that in the past year and nine months, over 75 million Ordinal inscriptions have been minted on the Bitcoin blockchain, giving Bitcoin a significant presence in the NFT ecosystem. Despite a decline in NFT sales across the industry, Bitcoin has become the third-largest blockchain for NFT sales, trailing behind Ethereum and Solana. Bitcoin's NFT sales have reached $4.49 billion, with the most expensive sale being an item from the Uncategorized Ordinals collection, which sold for $2.4 million. Bitcoin's position in the NFT landscape is strengthening, offering new possibilities for the blockchain in the world of digital collectibles.

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