NFTs Ain't Dead: Sales Pump 11% as Bitcoin's $3.8M BRC-20 Flexes Dominance

The NFT market is showing signs of life, with weekly sales volume jumping 11.46% to hit $46,209,416. Looks like the bears finally went into hibernation and left the degens to play. Bitcoin, Ethereum, and Arbitrum are leading the charge, while BNB Chain, Panini, Cardano, Base, Solana, Flow, and Ronin round out the top 20.

Bitcoin's reclaiming its throne this week. The "00ed6…bf0i0" NFT from the "X@AI BRC-20 NFTs" collection took the crown with a whopping $3,798,039.11 sale. Not too shabby for a JPEG. Somewhere, a maxi's doing a victory lap and probably tweeting "I told you so" for the 47th time today.

Ethereum held down the 2nd spot with the "3364" NFT from "Flying Tulip PUT" going for $493,970.50. Arbitrum's "Algebra Positions NFT -V2" collection secured 3rd place, with NFT "2333" selling for $65,127.25. ETHers still in the game, barely.

BNB Chain's "Nirvana NFT" collection took 4th, moving NFT "276" for $50,000. Panini's "Patrick Mahomes II" collection brought in $23,500 for NFT "BC143…17_1-1." Sports