Despite the recent price decline and speculation about the waning buzz surrounding Bitcoin NFTs, ordinal inscriptions have remained the predominant activity on the Bitcoin network in the past week.
Bitcoin Ordinal inscriptions approach 19 million, a trend for 218 days since December 16, 2022. Miners have earned around 1,847.66 BTC in fees, equivalent to approximately $55.29 million, confirming the vast number of inscriptions.
Cryptory.net - Bitcoin Ordinals and BRC-20 tokens continue to prove its appeal as the number of Ordinals inscriptions is increasing, leading to a sharp rise in BTC transaction fees.
Cryptory.net - A new token standard called BRC-20 has created a new craze, pushing the number of Ordinals inscribed on the Bitcoin network to all-time high.