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Published 1 year ago

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 – Bitcoin News

Summary by Ground News
There are greater than 288,000 Ordinal inscriptions hosted on the Bitcoin blockchain. Galaxy Digital's analysis crew claims the market dimension of non-fungible tokens (NFTs) constructed on Bitcoin may attain $4.5 billion over the subsequent two years. The researchers at Galaxy suppose that new use instances stemming from the inscription development will drive growing interest and adoption for bitcoin.

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Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 – Bitcoin News

A Galaxy report on the subject says the market size of NFTs built on Bitcoin could reach $4.5 billion over the next two years.

1 year ago
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CryptoInfonetCryptoInfonet

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion By 2025 – Bitcoin News - CryptoInfoNet

Because the variety of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s analysis crew printed a report on the topic that claims the

1 year ago
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DropTownDropTown

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 – Bitcoin News

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 – Bitcoin News As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the […]

1 year ago
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CoinsCaptureCoinsCapture

Galaxy tips Bitcoin NFT market to hit $4.5B by 2025

Galaxy’s estimation was based on the rapid uptick of interest in Bitcoin NFTs, currency market infrastructure, and the potential to take some market share away from Ethereum. In a “base case” scenario, Galaxy Digital’s research unit has tipped the burgeoning Bitcoin nonfungible token (NFT) market to hit a $4.5 billion market cap by March 2025. Bitcoin NFTs, or Ordinals, have attracted significant attention since the Ordinals protocol launched in…

1 year ago
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crypto.newscrypto.news

Galaxy Digital research: Bitcoin NFTs to reach $4.5b by 2025

Galaxy Digital's research arm predicts the bitcoin nonfungible token (NFT) market will be valued at $4.5b by March 2025 in a "base case" scenario.

1 year ago
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zhotcrypto.comzhotcrypto.com

Galaxy Digital Report Predicts Bitcoin NFT Market Could Reach $4.5 Billion by 2025 – Bitcoin News - Zhot Crypto

As the number of Bitcoin-based Ordinal inscriptions nears the 300,000 mark, Galaxy Digital’s research team published a report on the subject that says the market size of non-fungible tokens (NFTs) built on Bitcoin could reach $4.5 billion over the next two years. The researchers at Galaxy think that new use cases stemming from the inscription […]

1 year ago
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