News Explorer — Bitcoin Ordinals Enable Second-biggest NFT Blockchain, Processing $173M in Transactions

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May 26, 10:45 am

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Bitcoin Ordinals Enable Second-biggest NFT Blockchain, Processing $173M in Transactions

Bitcoin's Ordinals protocol has enabled the second-biggest NFT blockchain, with Ethereum still outranking all other blockchains in NFT transaction volume. Over the last 30 days, Ethereum has processed $390 million worth of on-chain NFT transactions, while Bitcoin has processed $173 million. Ordinals have enabled Bitcoin to become a place for storing art, movies, collectibles, tickets, and even video games.

Bitcoin's Ordinals protocol has enabled the second-biggest NFT blockchain, with Ethereum still outranking all other blockchains in NFT transaction volume. Over the last 30 days, Ethereum has processed $390 million worth of on-chain NFT transactions, while Bitcoin has processed $173 million. Ordinals have enabled Bitcoin to become a place for storing art, movies, collectibles, tickets, and even video games.

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