What Happened on May. 24th | Bitcoin now the 2nd Popular NFT Chain

TI Research

The monthly trading volume of NFT and memecoins on Bitcoin in May surpassed Solana’s volume.

According to data from CryptoSlam, Bitcoin ordinals trading volume currently stands in second place behind Ethereum, surpassing Solana. The 30-day trading volume amounted to $171 million, a over 400% increase compared to previous month.

At the current stage, both Ordinals and BRC-20 are purely speculative assets with no real use case. It shall remain to be seen if Bitcoin NFT could sustain its position.

Biggest Gainers & Losers

Source:TokenInsight Gainers and losers


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Policy and Regulation

TI Research

TokenInsight is a data and research organization for the digital asset market. TI provides comprehensive asset-related data and comprehensive and timely information and research services for digital assets.

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