- The Bitcoin network has unlocked a new milestone in NFT sales.
- The network outperformed the competition in December 2023.
- Overall NFT sales recorded an impressive growth in the month.
The Bitcoin (BTC) network unlocked a new milestone in December 2023, registering the highest single-month NFT sales record ever.
According to data captured on the Cryptoslam portal, NFT sales on the Bitcoin network reached almost a billion, ahead of Ethereum, Solana, Polygon, and Arbitrum in sales.
BTC Network Leads the Way in NFT Sales
Per the portal, the BTC blockchain recorded $881,223,753.92 in NFT sales last month as Ethereum, the second-largest blockchain, trailed behind with NFT sales totaling $364.79 million. Based on the figures, BTC NFT sales outperformed Ethereum’s by over two times.
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While Solana’s NFT sales gained an impressive 312% from the previous month, the network still trailed behind Bitcoin and Ethereum at $325.14 million. Polygon and Arbitrum followed the top three at $47,590,789.81 and $28,327,354.00 in NFT sales, respectively.
Notable trades dominated December NFT sales.
Notable NFT Sales in December
The highest sale of the month involved a digital copy of Vincent Van Gogh’s renowned Self-portrait, 1888 (Van Gogh’s painting #216), which had a remarkable price tag of $1.19 million, followed by Ethereum’s The Frxethredemption Ticket #33, which fetched $638,433.
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Other notable sales of the month included Cardano’s Deep Vision #05128 at $551,750, BNB’s Lockdealnft #91 at $329,824, and Solana’s Boogle #009 at $274,209.
Notably, despite NFT sales in the last week of December falling 35% from the previous week, the month printed a record-breaking $1.7 billion in NFT transactions, marking an impressive gain of over 69% compared to November’s figures.
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