The NFT marketplace of OKX exchange has surpassed leading NFT-markets including Blur and OpenSea in daily trading volume, driven by the spike in Bitcoin Ordinals trading.
According to data from DappRadar, OKX NFT Marketplace volume peaked at $50 million in the past 24 hours on December 18. Majority of the trading volume came from the recent popular Bitcoin Ordinals.
Currently, the marketplace has a volume of nearly $46 million, followed by Blur with $13.4 million and Magic Eden having $7.7 million in 24 hour trading volume.
OKX’s NFT Marketplace is currently a major hub for trading Bitcoin Ordinals. At the time of writing, it has Bitcoin Frogs as the most traded NFT (Ordinals) collection with a volume of 56.38 BTC, approximately 2.3 million, in the past 24 hours.
The NFT trading volume on the Bitcoin network has surged to over $300 million during the past week whereas Ethereum recorded merely $93 million and Solana reached $90 million.
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This news is republished from another source.
