Tag: Open Ordex

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A Tumultuous August: Peaks and Valleys in Bitcoin’s Ordinal Inscription Saga

Statistics reveal a continued trend in the number of Ordinal inscriptions, which recently eclipsed the 23 million mark. The month of August, however, has experienced two notable dips, each registering fewer than 100,000 inscriptions per day. These low points in August occurred specifically on August 4 and August 8, 2023. From Records to Recursive Ordinals…
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Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues

On April 8, 2023, the number of Ordinal inscriptions surpassed the million mark as the non-fungible token (NFT) trend has seemingly become a mainstay. Presently, on Sunday, April 9, the total number of Ordinal inscriptions is 1,049,263, and so far, 169.85 bitcoins worth $4.7 million have been collected in fees. Ordinal Inscriptions Reach 1 Million…
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