Bitcoin Ordinals are gaining ground in the NFT sector, challenging Ethereum’s dominance. According to CryptoSlam’s data, Bitcoin NFT sales surged by 8301% in the past 24 hours, 

While Ethereum saw only a 1.33% increase. Collections like $INSC BRC-20 NFTs and Uncategorized Ordinals showcased higher volumes than top Ethereum projects. 

This shift suggests a growing interest in Bitcoin NFTs and highlights Ethereum’s struggle to maintain traction. 

The Taproot-backed Bitcoin Ordinals also introduced BRC-20 fungible tokens, expanding their utility. Despite challenges, the developments show potential for further growth in the Bitcoin NFT space.

Also Read: BRC-69 Standard Removes Data Limit on Bitcoin Ordinals