Bitcoin toe sasaina Ethereum i le NFT faʻatau, faʻamatalaga iinei

Saunia e AMB Crypto - 4 masina talu ai - Taimi Faitau: 2 minute

Bitcoin toe sasaina Ethereum i le NFT faʻatau, faʻamatalaga iinei

NFT sales volume on the Bitcoin network exceeded Ethereum in December. Na tupu lenei mea e ui ina fa'amauina e Ethereum le maualuga o fefa'atauaiga.

le Bitcoin [BTC] Network outpaced Ethereum [ETH] as the blockchain with the highest non-fungible token (NFT) sales volume in December, marking the second such occurrence in just two months.

E tusa ma faʻamatalaga mai CryptoSlam, in December, NFT sales on the Bitcoin network totaled $881 million compared to Ethereum’s $353 million.

In November, NFT sales on Ethereum fell behind those recorded on the Bitcoin network by almost 10%, to mark the first time in history that the latter would record a higher sales volume than the former.

The surge in NFT activity recorded on the Bitcoin network in the last two months can be attributed to the resurgence in interest in inscriptions and Fa'atonuga luga o le poloka poloka. 

Due to the high activity, by 16th December, the Bitcoin network recorded a single-day high of $10 million paid as fees to mint inscriptions on the blockchain, according to data from Dune Analytics

Punavai: Dune Analytics

Also, the activity of Inscriptions and Ordinals on the Bitcoin network resulted in an uptick in demand for blockspace. As of 18th December, AMBCrypto found that activity around inscriptions accounted for 39% of the virtual blockspace on the network. 

Punavai: Dune Analytics

Interestingly, while Ethereum witnessed a lesser sales volume than the Bitcoin network, it recorded a higher transaction count in December. AMBCrypto found that the total count of NFT transactions completed on Ethereum during the 31-day period totaled 698,201.

I le isi itu, o le Bitcoin network registered only 493,516 transactions. 

Le maketi e oʻo mai i lenei masina

With four days into the new trading year, the Bitcoin network remains in the lead regarding NFT sales transactions. So far this year, the chain has recorded a sales volume of $61.08 million.

Ae ui i lea, ua vaʻaia e Ethereum se faʻatauga NFT $ 27 miliona, e tusa ai ma faʻamatalaga mai CryptoSlam.

Despite the high activity on the Bitcoin network, the general market has witnessed a retracement in NFT sales activity in the last week. Data from NFTGo showed a decline in NFT sales volume and market capitalization in the last seven days. 

Punavai: NFTGo

O faʻamatalaga mai le kamupani tuʻuina atu faʻamatalaga na faʻaalia ai le aofaʻi o faʻatauga o le NFT i le maketi lautele na oʻo atu i le $ 116 miliona i le vaiaso talu ai, na pa'ū i le 10%.

peiwise, the NFT market capitalization had reduced by 3% during the same period.

Punavai autu: WBA Crypto