Bitcoin NFTs Surge Past $12M as Market Dynamics Shift Across Blockchains

liquidation_surfer · 2026-01-05T13:49:40+00:00

Bitcoin's NFT ecosystem saw a 70.52% increase in weekly trading volumes, reaching $12.12 million, driven by BRC-20 tokens. In contrast, the overall NFT market experienced a slight decline, even as buyer engagement rose. DMarket led sales, while Ethereum's trading fell significantly, highlighting shifts in investor interest.

liquidation_surfer

2026-01-05 13:49:40

Abstract generation in progress

Bitcoin’s NFT ecosystem is heating up, with trading volumes exploding 70.52% week-over-week to reach $12.12 million, according to CryptoSlam data shared via Coinotag. This momentum, primarily fueled by BRC-20 token activity, marks a significant inflection point for digital assets on the world’s largest blockchain.

However, the broader NFT market painted a mixed picture. Overall sales volume experienced a marginal 0.47% pullback, settling at $65.58 million for the week. Despite this slight contraction, buyer participation surged 26% to 292,030, while seller numbers climbed 24% to 205,205—suggesting sustained market engagement and trading enthusiasm.

Top Projects and Chain Performance

DMarket maintained its leadership position, generating $5.32 million in sales—a commanding 72% week-over-week jump. Courtyard on Polygon closely followed with $4.99 million, representing a 66.58% gain, demonstrating Polygon’s continued appeal as an NFT venue.

The inter-chain narrative revealed stark contrasts: while Bitcoin NFTs captured momentum with their 70.52% surge, Ethereum NFT trading declined 23.92% to $20.88 million, reflecting shifting investor focus toward emerging blockchain infrastructure.

The data underscores a pivotal moment where Bitcoin’s NFT ecosystem is gaining traction, even as traditional platforms like Ethereum see temporary headwinds. Market participants are diversifying exposure across multiple chains, with layer-2 solutions like Polygon positioning themselves as viable alternatives in an increasingly fragmented landscape.

BTC-0,23%

ETH-0,91%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.