In a significant milestone for the digital collectibles market, Bitcoin-based NFTs have surpassed $4 billion in all-time sales volume. This achievement positions Bitcoin in the top four blockchains for NFT sales, trailing behind Ethereum, Solana, and Ronin.

Despite a general downturn in the NFT market, which saw a 54% drop in sales in May, Bitcoin NFTs have demonstrated resilience and growth. Data from CryptoSlam, as of June 4, highlighted that Bitcoin NFTs accumulated a total of $4 billion in sales volume. This figure includes $3.97 billion in direct NFT sales and $82 million from wash sales.

Over the past 30 days, Bitcoin NFTs recorded a robust sales volume of $171 million, securing the top spot among blockchains in terms of sales volume. Ethereum followed with $159 million, while Solana came in third with $90 million in sales during the same period.

However, in the broader landscape of all-time NFT sales, Bitcoin ranks as the fourth-largest blockchain. Ronin holds the third spot with $4.2 billion, Solana is second with $5.5 billion, and Ethereum leads with an impressive $43.8 billion in total sales.

The success of Bitcoin NFTs comes despite a significant market contraction in May. CryptoSlam's data revealed that the overall NFT market's sales volume plummeted from over $1 billion in April to $624 million in May, marking a 54% decline. Bitcoin NFTs were not immune to this downturn, experiencing a 68% drop in sales for the month.

Beyond NFTs, Bitcoin's blockchain also witnessed a surge in transaction value. On May 28, Bitcoin transactions reached an estimated value of over $25 billion, the highest in the past year. According to Blockchain.com, approximately 367,000 BTC were moved on the blockchain on this day, coinciding with Bitcoin's price hovering around $69,000, making the transactions worth $25.5 billion.

This dual achievement of record-breaking NFT sales and high transaction value underscores Bitcoin's ongoing significance and evolving role in the digital asset ecosystem.