Ethereum

Bitcoin

ORDI

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Bitcoin's native non-fungible tokens (NFTs), known as "Ordinals," are on the verge of surpassing Ethereum in the NFT market, according to data from <a href="https://www.cryptoslam.io/">Crypto Slam</a>.
Ordinals have seen a significant surge in both sales and active buyers, achieving an impressive 129.50% growth in USD sales and attracting close to 10% of the buyer market.
Ethereum still currently leads the NFT sector with a sales total of over $24 million, however, the rapid rise of Bitcoin's Ordinals suggests that a "flip" could be imminent.
Ordinals, which have been rapidly gaining traction since their inception in April 2023, are unique digital assets inscribed on a satoshi, the smallest unit of <a href="https://u.today/arthur-hayes-presents-two-mind-blowing-bitcoin-btc-predictions">Bitcoin</a>.
Their creation was facilitated by the Taproot upgrade, launched on the Bitcoin network in November 2021, which made it possible to inscribe data on the Bitcoin network in a way that's similar to creating NFTs on other blockchain platforms. Since their launch, Ordinals have been creating a stir in the Bitcoin community, setting record numbers of inscriptions on multiple occasions.
<a href="https://u.today/ripple-v-sec-escrow-freeze-is-reasonable-for-xrp-says-law-veteran">card</a>Apart from Bitcoin's Ordinals and Ethereum's NFTs, several other blockchains have also made significant strides in the <a href="https://u.today/justin-bieber-lost-12-million-on-nft-investing">NFT</a> market. Solana holds the third spot, showing robust sales growth of 44.61% with total sales of $1.2 million and attracting 31.40% of buyers, a number that surpasses even Ethereum's buyer market share.
Polygon follows closely behind in the fourth position, with a sales increase of 30.75% amounting to $1.3 million.&nbsp;The BNB Chain comes fifth, with sales totaling $856,027 and a buyer share of 7.54%.&nbsp;Lastly, Cardano, despite having a sales growth of 36.22% and total sales of $346,115

Bitcoin Ordinals About to Flip Ethereum NFTs

U_Today

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