Bitcoin Reigns Supreme in NFT Market With Record-Breaking $853 Million in December Sales

4 months ago
Bitcoin Reigns Supreme successful  NFT Market With Record-Breaking $853 Million successful  December Sales

In November, Bitcoin clinched the starring presumption successful monthly non-fungible token (NFT) sales, and interestingly, this period Bitcoin continued to clasp its apical status, amassing a full of $853 cardinal successful sales.

NFT Sales Surge: Bitcoin Holds Top Spot With Unprecedented December Rise

Although NFT income person declined successful the past week, falling implicit 35% from the erstwhile week, December witnessed a record-breaking $1.7 cardinal successful NFT transactions. This marked an summation of much than 69% compared to November’s figures, with Bitcoin continuing to predominate NFT income crossed blockchains. Moreover, BTC-based NFT income soared 127.63% supra the chain’s November totals, according to cryptoslam.io statistics.

Bitcoin Reigns Supreme successful  NFT Market With Record-Breaking $853 Million successful  December Sales

In December, Bitcoin’s NFT income reached $853 million, portion Ethereum’s NFT income totaled $364.79 million. BTC-focused NFT income outpaced ETH’s, being 2.34 times greater successful December. Solana secured the 3rd spot with astir $325.14 cardinal successful NFT sales, experiencing a 312% summation from November’s Solana-centric NFT figures. Following the apical three, Polygon and Arbitrum were the consequent starring blockchains successful NFT sales.

The highest-valued NFT transaction of December featured a integer transcript of Vincent Van Gogh’s Self-portrait, 1888 (Van Gogh’s coating #216), which commanded a terms of $1.19 million. Ethereum hosted the merchantability of Frxethredemption Ticket #33, bringing successful $638,433 this month. Additionally, Cardano’s Deep Vision #05128 fetched $551,750, portion BNB’s Lockdealnft #91 garnered $329,824. Completing the database of December’s 5 astir costly NFTs was Solana’s Boogle #009, selling for $274,209.

Out of the apical 10 NFT collections successful presumption of sales, 7 of them deduce from the Bitcoin blockchain. Solana’s Tensorians took the 5th presumption successful presumption of income and the chain’s Mad Lads postulation held the eighth spot. Arbitrum’s Sentry Node postulation took the ninth presumption this past month. In December determination were 11,290,812 NFT transactions betwixt 469,389 sellers and 600,744 NFT buyers.

As Bitcoin secures the apical spot successful NFT income for November and December, amassing awesome figures, the crypto assemblage watches with bated breath. Will this beryllium a sustaining inclination oregon a fleeting infinitesimal of dominance successful the NFT world? Only clip volition archer if Bitcoin tin support its pb oregon if the tides volition turn, reshaping the scenery of NFT income successful the blockchain world.

What bash you deliberation astir the NFT income successful December? Share your thoughts and opinions astir this taxable successful the comments conception below.

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