Bitcoin ordinals close to flipping Ethereum NFTs in daily volume

Bitcoin ordinals sales volume currently sits just $400k behind Ethereum and nearly 8 million inscriptions have been added to the blockchain.
Bitcoin ordinals sales volume currently sits just $400k behind Ethereum and nearly 8 million inscriptions have been added to the blockchain.
Bitcoin ordinals are akin to spam, according to long-time developer Luke Dashjr, as the new NFT market causes congestion.
Binance halted withdrawals of bitcoin as on-chain fees spiked due to increased usage of the ordinals protocol.
Bitcoin block 788695 registered higher transaction fees than miner’s rewards, triggering criticism that ordinals are breaking bitcoin.
The top 30 Bitcoin Ordinals collections have so far racked up more than 2,807 BTC in total sales — worth over $76 million.