Cryptoslam data shows that the 24-hour transaction volume of the Bitcoin inscription protocol Ordinals has exceeded 80 million US dollars for the first time. The Bitcoin network has now officially surpassed Polygon and become the fourth largest blockchain in terms of NFT sales.
(Previous summary: Exclusive interview “Yat Siu, founder of Animoca Brands: Ordinals will detonate the NFT summer of the Bitcoin ecosystem)
(Background supplement: Comments “Inscription Token “Revengeful Riches” has been available for 2 weeks, can it continue?)
On the 14th of this week, the Bitcoin inscription protocol Ordinals celebrated its first birthday. As the most popular project in the cryptocurrency market this year, it even successfully expanded the inscription craze from the Bitcoin network to major public chains.
The Bitcoin wallet Ordinals Wallet was also shown on the X platform earlier today (16th)datashowing how popular Ordinals is.
Ordinals’ 24-hour trading volume soared above $80 million for the first time in history, surpassing Ethereum and Solana!
Extended reading: 1st anniversary of the birth of Ordinals inscription!Looking back at the legendary history of Bitcoin NFT
Source: Ordinals Wallet Tweet
Bitcoin rises to fourth largest NFT blockchain
In addition, the recent high transaction popularity of Bitcoin Inscription has also allowed the Bitcoin network to surpass Polygon and become the fourth largest blockchain in terms of NFT sales.
Cryptoslam datashowNFT sales on the Bitcoin chain have exceeded US$1.344 billion, exceeding the US$1.32 billion of the fifth-place Polygon. The top three are: Ethereum (US$41.92 billion), Solana (US$444 million) and Ronin (4.255 billion US dollars) Dollar)
Source: Cryptoslam
Bitget Research: $ORDI market capitalization will rank among the top 30
And Bitget Research, the research department under Bitget Exchange, also yesterday’s Bitcoin ecosystemReportZhong is optimistic about the potential for Ordinals’ subsequent growth. He predicts that the Bitcoin NFT market will grow more than 100 times in the future. The most popular meme currency in the Bitcoin ecosystem, $ORDI, with a current market value of US$400 million, is compared with the market value of US$4.9 billion. Shiba Inu Coin may have more than 12 times of upside potential, and its market value will be among the top 30 in the next bull market.
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Tags: NFTORDIOrdinalsBitcoinInscription
2023-12-16 10:14:34
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