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Bitcoin surpasses Solana to become second most popular NFT blockchain

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The monthly trading volume of nonfungible tokens (NFTs) 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, which did $393 million in NFT volume, more than twice that of ordinals on Bitcoin (BTC) in 30-days starting April 23. Bitcoin gained a significant lead over popular blockchains like Polygon, ImmutableX, BNB Chain and Solana during this period.

Percentage share of Bitcoin transactions by activity. Source: DunePercentage share of volume by marketplace. Source: Dune

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