The non-fungible token (NFT) market witnessed a big surge in exercise, with each day gross sales quantity rising by 400%. This surge coincided with Bitcoin reaching an all-time excessive (ATH) of $122,000. The NFT market noticed a buying and selling gross sales quantity of $31 million previously 24 hours, marking an 89% enhance from the day past. This surge within the NFT market was pushed by a broader rally within the cryptocurrency market, which has been significantly bullish for Bitcoin.
Bitcoin, identified for internet hosting fashionable NFT collections such as Ordinals, BRC-20, and Runes, led the NFT market with a buying and selling gross sales quantity of $11 million previously 24 hours. This represents a 400% enhance from the day past, solidifying Bitcoin’s place as the most-traded NFT blockchain community. Ethereum, historically the go-to platform for NFTs as a result of its safety and decentralization, adopted carefully with a buying and selling gross sales quantity of $11 million, an 88% enhance from the day past. Nevertheless, Ethereum’s dominance within the NFT market has been surpassed by Bitcoin.
Different notable blockchain networks within the NFT market embrace Polygon, Mythos Chain, and Solana. Polygon-based NFTs recorded a buying and selling gross sales quantity of $2.7 million, whereas Mythos Chain-based NFTs noticed $2 million in gross sales. Solana closed the highest 5 with almost $1 million in buying and selling gross sales quantity. The surge within the NFT market aligns with the broader cryptocurrency market rally, which started on July 10, 2025. Bitcoin’s value began at $111,000 and quickly climbed to an ATH of $119,000 earlier than reaching $122,000 on the time of publishing. This rally has led to vital features for buyers in digital belongings, additional fueling the NFT market’s progress.
This surge within the NFT market, significantly the 400% enhance in Bitcoin NFT gross sales, signifies a rising curiosity in digital belongings and blockchain know-how. The rally within the cryptocurrency market, with Bitcoin reaching new all-time highs, has doubtless contributed to this elevated exercise. As extra buyers flip to digital belongings, the NFT market is poised for continued progress, with Bitcoin main the way in which as the most-traded NFT blockchain community. The shift in dominance from Ethereum to Bitcoin within the NFT market highlights the evolving panorama of blockchain know-how and the rising reputation of Bitcoin-based NFTs.
