Galaxy Digital: Capitalization of NFT in the Bitcoin network will reach $4.5 billion by 2025
The Ordinals protocol, which allows the issuance of NFTs on the Bitcoin network, was launched in January of this year. According to analysts at Galaxy Digital, the capitalization of Bitcoin-based NFTs will reach $4.5 billion by 2025. Ordinals allows users to encode various data, such as images, PDFs, audio and video, as a single Satoshi, which is 0.00000001 BTC. Galaxy Digital analysts believe that NFTs in the Bitcoin network have great potential, and by 2025…
