Bitcoin is Beating Ethereum to Stupor in NFT Sales

Bitcoin is showing that it has other functions other than being the apex cryptocurrency. So, there was a recent massive surge in the number of NFT sales on the BTC blockchain. Continue reading as we provide details on all the progress. According to data from CryptoSlam, Bitcoin is currently overtaking Ethereum in the number of NFT sales. So, we will be looking more closely at the performance of both Bitcoin and Ethereum. Looking at the performance of Bitcoin over a period of one month, one can see that the apex cryptocurrency has the upper hand. So, looking back in 2021, one would believe that Bitcoin will be doing this. However, with the launch of prominent projects like the Bitcoin Ordinals, things are going quite well for Bitcoin in NFT sales. So, data shows that there are over $365,131,519 NFT sales for Bitcoin NFTs. Ethereum, on the other hand, is trailing behind at $337,931,342 NFT sales. Looking closely into the details, the number of transactions on the BTC blockchain is experiencing a massive rise. So, there’s more than a 500% increase in the number of transactions. On the other hand, the Ethereum blockchain is suffering a decrease of more than 40%.