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.
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