Demostrando su valor en el criptoinvierno: el resurgimiento de valor y las estrategias de trading de los NFTs de Bitcoin
The NFT market is undergoing a significant correction. According to mid-December market data, global NFT sales dropped by approximately 16% in a single week to $65 million, while the number of buyers plummeted 68%.
At the same time, Bitcoin NFT trading volume fell 21% to $6.1 million. Amid this market adjustment, NFTs built on the Bitcoin network are demonstrating unique technical attributes and long-term value logic compared to other ecosystems.
01 Crypto Winter
The cryptocurrency market has recently shown a complex pattern of divergence. On December 19, Bitcoin’s latest trading price reached $87,154.88, up 1.06% for the day. However, this price still represents a nearly 26% drop compared to three months ago.
Meanwhile, the overall NFT market remains weak. The NFT sector index fell 1.68% against the backdrop of a general market rebound, making it one of the worst-performing sectors. Some NFT-related tokens, such as APENFT (NFT), saw 24-hour declines as steep as 10.83%.
More detailed data reveals the depth of the market correction. In the most recent reporting week, global NFT sales fell from $77 million to $65 million, a drop of about 16%. Market participation collapsed, with the number of buyers plunging 68% to roughly 155,000, and the number of sellers also down 71%.
02 On-Chain Performance
NFT trading performance varies significantly across blockchains. While Ethereum still maintains its leading position, its NFT trading volume fell 11% to about $24 million, and the number of buyers dropped 70%.
On the Bitcoin network, NFT trading volume reached $6.1 million, down 21%. Notably, despite the decline in overall trading volume, high-value transactions remain active on Bitcoin, with single BRC-20 NFT sales exceeding $809,000.
Other blockchains are showing different trends:
Solana stands out, with NFT sales reaching $5.54 million—a 44.5% increase—mainly driven by low transaction costs and a vibrant gaming NFT ecosystem. BNB Chain also posted growth, with sales rising 21% to $9.44 million.
The table below compares NFT trading performance across major blockchains:
| Blockchain | Trading Volume (USD) | Trend | Key Features |
|---|---|---|---|
| Ethereum | 24,000,000 | Down 11% | Market dominance, but challenged by high fees |
| BNB Chain | 9,440,000 | Up 21% | Medium scale, continued growth |
| Bitcoin | 6,100,000 | Down 21% | Active high-value trades, unique technical features |
| Solana | 5,540,000 | Up 44.5% | Low fees, robust gaming NFT ecosystem |
| Other Chains (Mythos, Immutable, Polygon) | ~10,000,000 | Generally down | Distinctive features, but overall participation is declining |
03 Advantages of Bitcoin NFTs
NFTs on the Bitcoin network are enabled by the Ordinals protocol, which allows data to be inscribed directly onto the smallest unit of Bitcoin, the satoshi. Since its launch, the protocol has recorded over 15 million in_script_ions.
Ethereum co-founder Vitalik Buterin has publicly praised the positive impact of the Bitcoin Ordinals protocol. He noted that this trend is "revitalizing development activity on the Bitcoin network," and is attracting developers from Ethereum to the Bitcoin ecosystem.
Compared to NFTs on other blockchains, Bitcoin NFTs offer several unique advantages:
- Security Inheritance: They directly leverage Bitcoin’s security and decentralized nature.
- Permanence: Data inscribed on the Bitcoin blockchain enjoys the same durability as Bitcoin transactions.
- Value Association: Their narrative is closely tied to Bitcoin, the largest crypto asset by market cap.
04 Market Adjustment and Value Reassessment
The current NFT market downturn reflects a structural shift in the industry, not just a simple price drop. The market is clearly moving from art- and speculation-driven projects toward gaming and utility-based NFTs.
Despite the overall decline in the NFT sector, the price of Bitcoin rose 1.06% on December 19 to $88,154.88. This divergence suggests the market is reassessing the intrinsic value of different crypto asset classes.
Market analysts believe that the current NFT slump represents a "market reset"—a transition from hype-driven trading to sustainable, utility-first NFT use cases.
05 Investment Strategies on Gate
When trading Bitcoin NFTs and related assets on the Gate platform, investors should consider the following strategies:
- Focus on Long-Term Value: During market corrections, NFT projects built on Bitcoin’s security and uniqueness may prove more resilient.
- Diversify Allocations: Avoid concentrating all funds in a single NFT category; consider including mainstream cryptocurrencies like Bitcoin.
- Time the Market: Take advantage of market volatility to find entry points, especially when Bitcoin NFT trading volumes are unusually low.
It’s important to note that the overall crypto market is facing liquidity challenges. On-chain data shows long-term holders are selling Bitcoin at rates not seen in years—with roughly $30 billion worth of Bitcoin that had been dormant for over a year returning to circulation in 2025 alone.
This macro backdrop adds complexity to the market and underscores the importance of prudent investing. For NFT investors, focusing on projects with real utility and strong community support—rather than pure price speculation—may offer a more sustainable approach.
Outlook
During this market adjustment, Solana-based NFT sales defied the trend, surging 44.5% to $5.54 million, while high-value NFT transactions on the Bitcoin network remain active, with single trades exceeding $809,000.
This divergence signals a shift from homogeneous speculation to value discovery based on blockchain-specific features and project utility.
With over 15 million Ordinals in_script_ions on the Bitcoin network and Vitalik Buterin’s endorsement of its role in "reviving Bitcoin development," a new ecosystem is clearly taking shape.
