Bitcoin NFTs posted a year-to-date record daily sales volume over the weekend and even beat out Ethereum for the week.
Bitcoin nonfungible tokens (NFT) sales have just surpassed Ethereum over the last seven days following a sudden spike of Bitcoin Ordinals-based NFT collections, led largely by the collection NodeMonkes.
Bitcoin NFT sales rocketed 80% week-over-week to $168.5 million, with three of the top five best-selling NFT collections for the week being Bitcoin Ordinals-based. Ethereum only drew in $162 million in sales, according to CryptoSlam! data.
Ordinals launched in January 2023 and provided the tools to create NFT-like assets by giving users to ability to insert files, such as an image, into satoshis (sats) — the smallest unit of Bitcoin.
