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In April, Bitcoin NFT transactions reached 570 million US dollars, while Magic Eden's transaction volume exceeded 700 million US dollars

In April, Bitcoin NFT transactions reached 570 million US dollars, while Magic Eden's transaction volume exceeded 700 million US dollars

Bitget2024/05/02 02:50
BTC+2.09%EDENOLD0.00%

Nftpulse data shows that in April, the transaction volume of Bitcoin NFTs (including BRC-20) was about $570 million, exceeding $500 million for two consecutive months. The number of trading users reached 452,000, setting a new monthly record. During the same period, the transaction volume of pre-Runes concept Runestone reached $170 million, surpassing BAYC. In addition, in April, the multi-chain NFT trading market Magic Eden had a transaction volume reaching $724 million and revenue reaching $14.6 million, surpassing Blur and OpenSea; among which approximately 60%-70% of transactions were concentrated on Bitcoin.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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