Bitcoin NFTs Gain Traction as Wallet Support and Trading Volume Surge

Li Wei28 July 2025 6:25 AM

The Bitcoin NFT marketplace is absolutely exploding right now. This increase is powered by greater adoption, more trading activity, and the massively outsized impact of Bitcoin-focused investors. For one, the number of Bitcoin wallets holding NFTs recently topped 500,000, reflecting increasing enthusiasm for these niche digital memorabilia.

Despite the recent spike in the number of Bitcoin NFTs, this can still be credited to the growing use of Bitcoin as an NFT settlement layer. This enables more efficient and secure transactions across the Bitcoin network.

In July, secondary market platforms saw a 40% increase in the number of Bitcoin NFT listings from June. As this spike shows, users are trading more than ever. With the April 2024 halving event just around the corner, a new wave of interest has been generated. This increase has spurred a speculative frenzy in Bitcoin NFTs.

OpenBazaar recently shared that 70% of its new users in Q2 2025 are largely focused on Bitcoin NFTs. This overall trend just emphasizes how popular these assets are becoming. The impact of “Bitcoin maximalist” investors, that is, those focused on blockchain-native assets exclusively, is driving the increase.

Blue-chip NFTs in the BTC ecosystem seem to be leading this charge. Node Monkeys and Bitcoin Puppets recently have experienced some of the highest floor prices and potential trading volume. Node Monkeys experienced a 60% increase in their floor prices, and Bitcoin Puppets had a 38.9% increase.

These changes are a signal that the Bitcoin NFT market is maturing and becoming attractive to seasoned investors and newcomers alike. The increasing number of wallets supporting NFTs and the rise in trading volume reflect a growing confidence in Bitcoin as a viable platform for digital collectibles.

Additionally, the upcoming April 2024 halving event has fueled massive expansion within the Bitcoin NFT ecosystem. At the same time, it has driven new interest and speculation by investors. Bitcoin is outgrowing its original narrative as just a cryptocurrency. Today, it has become a popular settlement layer for NFTs.

Li Wei

Content Strategist

Li Wei is a blockchain content strategist passionate about bridging global perspectives through clear, actionable crypto insights. With deep roots in China’s fast-evolving technology sector, she crafts engaging opinion pieces on NFTs, DeFi, and regulatory risk. Outside of work, she is a street photographer and avid tea connoisseur.