🎉 Exciting Update: NFTScan Enhances the NFT Explorer of Ordinals with Advanced Data Parsing and Expanded Market Analysis
Tags: nft, web3, api
Published: 2024-05-16 08:56:17

On May 16, 2024, the NFTScan team officially launched a comprehensive NFT Explorer of Ordinals upgrade. With the rise of the Ordinals ecosystem, Bitcoin on-chain activity has significantly increased, gaining broad market recognition and fostering the growth of the NFT ecosystem. This upgrade to the Bitcoin NFTScan Browser includes a complete overhaul of the Ordinals section, optimizing NFT data parsing and transaction analysis from various marketplaces.

Explore Bitcoin NFTScan: https://btc.nftscan.com/

According to data from Bitcoin NFTScan: to date, 71,274,374 NFT assets, have been minted on the Bitcoin network, generating 383,568,974 on-chain transfers, involving 2,450,041 wallet addresses, with a total transaction volume of 70,356.51 BTC and a current market cap of 12,436.46 BTC.

NFTScan aims to present this data clearly to users and developers based on the analysis and standardisation of Bitcoin on-chain NFT data. The comprehensive upgrade to the Ordinals inscription section includes, but is not limited to:

**1) The NFT Explorer of Ordinals**
Fully optimized NFT data parsing system based on the latest official Ordinals protocol, ensuring complete and accurate Ordinals data.
Added official collection information from Unisat and OKX, enriching the collection aggregation dimension.
Introduced marketplace transaction parsing, distinguishing NFT inscription buy/sell events from Unisat, OKX, and MagicEden.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/9eqqcgf96mhxga13k6cq.png)

**2) BTC-API**
As an NFT infrastructure for the Bitcoin ecosystem, NFTScan will continuously develop features and data services, providing high-quality NFT API data services and wallet address NFT asset data search and query services for developers and NFT users within the Bitcoin ecosystem.

Currently, the NFTScan developer platform has also updated the Bitcoin NFT API data services. In addition to the previously available API query interfaces, the upgrade introduces three new API interfaces: “Retrieve BRC-20 Tick,” “Retrieve BRC-20 Balances,” and “MerlinProtocol BRC-20 Indexer,” catering to various scenarios’ NFT data indexing needs.

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/xkk1wrgrxq6wh700tcm9.png)

The NFT API data services provided by the NFTScan developer platform allow for rapid product and protocol development on the Bitcoin network. If you are a developer in the NFT and Web3 space, feel free to visit: Bitcoin NFT API.

**3) BRC-20 and Runes**
Coming soon, stay tuned!

![Image description](https://dev-to-uploads.s3.amazonaws.com/uploads/articles/518a0oo0nwnjshu2yf1k.png)


NFTScan is the world’s largest NFT data infrastructure, including a professional NFT explorer and NFT developer platform, supporting the complete amount of NFT data for 24 blockchains including Ethereum, Solana, BNBChain, Arbitrum, Optimism, and other major networks, providing NFT API for developers on various blockchains.

Official Links:

NFTScan: https://nftscan.com

Developer: https://developer.nftscan.com

Twitter: https://twitter.com/nftscan_com

Discord: https://discord.gg/nftscan

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