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The cumulative cost of the Bitcoin Ordinals protocol inscription has exceeded 200 million US dollars

The cumulative cost of the Bitcoin Ordinals protocol inscription has exceeded 200 million US dollars

2023/12/21 12:42
SATS+0.41%ORDI+1.14%

According to the latest data from DuneAnalytics, the cumulative fees generated by the Bitcoin network's Ordinals protocol inscription casting have reached 4,617.7833 BTC, equivalent to approximately $201,685,970. The current total number of inscriptions cast is 50,080,325. Historical data shows that the cumulative fee revenue from Bitcoin's Ordinals protocol inscription casting surpassed $100 million on November 19th, indicating that this metric has doubled in value in about a month's time.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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