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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    NFT Sales Spike in July—but Still Miles Below 2024’s Highs

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    CryptoPunks Floor Price Hits 3-Year High of $208,000

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    Cracking China’s Blockchain Gaming Market: Why Shrapnel Chose GalaChain

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    Shrapnel to Leave Avalanche in New Partnership with Gala Games

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    Google to Pit Top AI Models Against Each Other in Live Chess Tournament

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    Blockchain Bookmakers: A New Era of Fair and Secure

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    Ethereum NFT Sales Surge 56% in July 2025 as Alt-Chains Lose Market Share

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    The Biggest Games Releasing in August 2025

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    The Squid Fighter game is taking Telegram by storm — join the fight and claim your NFT before it’s too late!

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    Early Off the Grid Skin Holders Are Cashing In – Will You?

  • Blockchain
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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    MetaMask Users Can Now Link Binance and OKX Accounts to Their Portfolio Dashboard

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  • AI
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    What Is Crypto Staking? How to Earn Crypto by Holding It

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home NFT

NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge

December 2, 2023
in NFT
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NFT Sales Boom in November — Bitcoin Dethrones Ethereum in Market Surge
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Sales of non-fungible tokens (NFTs) experienced a notable surge in November, with a 129.01% increase in sales volume compared to October. Additionally, NFTs created on the Bitcoin blockchain surpassed those on Ethereum in terms of sales this past month. This shift can be attributed to a marked rise in Ordinal inscription minting and trading activities on the Bitcoin network in recent times.

READ ALSO

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Bitcoin Climbs Past Ethereum in Staggering November NFT Sales Surge

NFTs experienced a vibrant month in sales over the past 30 days, reaching close to $1 billion in transactions, with an exact figure of $944.33 million. This figure represents a slight increase, just above 129%, compared to the $412 million in sales observed in October. However, despite this upsurge, November saw a decline of 20.16% in buyer participation, while seller numbers fell by 18.90%, as reported by cryptoslam.io statistics.

This month marked a significant shift with sales originating from the Bitcoin blockchain surpassing those from Ethereum. In the past 30 days, BTC-based NFT sales reached $382.88 million, exceeding Ethereum’s sales by $20.32 million, which totaled $362.56 million. Bitcoin’s NFT sales witnessed a significant 1,928.65% surge compared to October’s figures. Meanwhile, Ethereum’s sales also grew, registering a 57.28% increase over the sales in October.

Bitcoin took the top spot in terms of monthly NFT sales in November.

In November, Solana’s NFT sales experienced a significant boost, soaring by 190.11% to reach $86.99 million. Conversely, Polygon saw a decrease of 33.90%, tallying $26.78 million in sales, while Mythos experienced a 30.32% drop, recording $25.66 million in sales volume. Dominating the month, BTC led with the “$SATS BRC-20” collection, amassing $93.44 million, a 974% increase from the previous month. The “$RATS BRC-20” collection from Bitcoin secured the second position, garnering $45.58 million in sales.

See also  Top Blockchains for NFT Sales This Week

The $RATS BRC-20 collection skyrocketed by a massive 4,768,571% compared to the previous month. Ethereum’s Bored Ape Yacht Club (BAYC) ranked third in November with sales of $43.36 million, marking an 88.66% increase. Cryptopunks claimed the fourth spot, achieving $29 million in transactions, a rise of 169.61%. Sales from Mythos’ Dmarket reached $25.10 million, showing a 31.36% decrease from October. While Bitcoin led in overall sales, the most expensive NFT sold in November hailed from the Ethereum blockchain.

Fourteen days ago, the NFT “Uniswap V3 Positions NFT-V1 #14” was purchased for a substantial $1.66 million. Meanwhile, a “$BTCS BRC-20” NFT fetched $376K, selling just over 16 days ago, and the “Voting Token Lockup #3” from Arbitrum achieved a sale price of $300K. From Solana, the “Boogle #057” NFT was acquired for $126K, and Cardano’s “EMURGO x NMKR Cardano Summit” NFT garnered $59K, both selling just over ten days ago.

What do you think about the record-setting NFT sales in November and Bitcoin dethroning Ethereum in terms of sales over the past month? Let us know what you think in the comments section below.

Tags: BitcoinBoomDethronesEthereummarketNFTNovemberSalesSurge

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