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Bitcoin’s Ordinals top NFT collection rankings with US$3.4 mln in sales

Top NFT collection sees slight dip in sales but increase in transactions over 24 hours.

From the Forkast crypto archive

Uncategorized Bitcoin Ordinals collection emerged as the top-ranking NFT collection on Wednesday with a 24-hour sales volume of over US$3.42 million despite a 34% drop, according to CryptoSlam.

Uncategorized Ordinals refers to digital assets on the Bitcoin blockchain that aren’t officially part of a collection.

The assortment of Bitcoin-based digital assets experienced a 12% increase in transactions, totaling 5,955 transactions.

Bitcoin collections led the NFT market despite sales for Bored Ape Yacht Club (BAYC), Yuga Labs’ blue-chip collection of 10,000 unique assets, surging by 68% in the past 24 hours to US$1.7 million.

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Ethereum-based BAYC led the NFT market in sales for collections.

CryptoPunks, another Ethereum heavyweight under Yuga Labs, saw its sales tank by 33.74% to US$765,031.

Pudgy Penguins, yet another Ethereum-based collection, witnessed the day’s most significant sales jump among the top 10 sellers with a 434.94% increase to reach US$952,798.

On Solana, Mad Lads took the third spot with sales amounting to nearly US$1.81 million, a slight increase of 1.40%, and a 20% rise in transactions.

Solana’s Froganas and Ethereum’s Milady Maker both reported sales increases of 128.98% and 104.91%, respectively, with Froganas experiencing a robust 74.60% rise in transactions.

ImmutableX’s Gods Unchained Cards rounded out the top ten with a sales increase of 41% to US$645,727% and a slight decrease in transactions.