More than three-quarters of Bitcoin network activity is being driven by Ordinal inscriptions with more than 400,000 of them per day.
Ordinal inscriptions have continued to dominate activity on the Bitcoin network over the past week despite the cryptocurrency’s recent price decline and suggestions that the hype around Bitcoin NFTs have “died.”had 530,788 transactions over the past 24 hours, with 450,785 of those transactions being Ordinals related.
“In the midst of everyone claiming"Ordinals are dead" they have literally accounted for 84.9% of the activity on Bitcoin,” he said.450,785 of those transactions were Ordinals related. In the midst of everyone claiming "Ordinals are dead" they have literally accounted for 84.9% of the activity on Bitcoin.
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