• Bitcoin NFTs’ volume climbed to over $100 million on the NFT platform.
  • BTC collections were featured among the top collections.

Magic Eden’s recent data revealed a substantial dominance of Bitcoin [BTC] NFT volume on the network, setting a new record.

Amidst the flourishing NFT sales on this platform, let’s delve into the overall growth of Bitcoin NFT volume over the past 30 days.

Bitcoin NFT volume leads on Magic Eden

AMBCrypto’s analysis of the NFT volume from different networks on Magic Eden showed that Bitcoin has emerged as the network with the highest volume in February so far.

Data from Dune Analytics showed that the NFT volume was over $106 million at the time of this writing. This meant that the volume comprised 61.5% of the network’s volume.

Further analysis of the data showed that the volume in the past month was around $81 million, which meant that there was significant growth in the current month.

Source: Dune Analytics

Bitcoin emerges second in overall NFT volume

According to an analysis of NFT volume on Crypto Slam NFT, Bitcoin had the second-highest NFT volume in the past 30 days.

The data showed that the NFT sales volume on the network was over $286 million during this peri


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Author: Adewale Olarinde

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