Bridging creative worlds
The Ordinals protocol is generating new interest on the bitcoin network regarding nfts, challenging ethereum's dominance and transforming the market as platforms like Magical Eden adopt this relatively new technology.
According to the latest data from crypto Slam, ethereum nfts have generated sales of $11.7 million in the last 24 hours. bitcoin nfts have reached $8.1 million during the same time period.
Still, as more artists and platforms explore bitcoin Ordinals, the gap between ethereum and bitcoin in the digital art market is narrowing.
Breaking this trend not only diversifies nft ecosystems, like SuperRare, but also fosters a new level of innovation and collaboration among blockchain networks, heralding a more integrated future for digital art.
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*All financial/investment opinions expressed by nft Plazas come from the personal research and experience of our site moderators and are intended to be educational material only. People should thoroughly research any product before making any type of investment.
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