The number of transactions on the Bitcoin blockchain has reached a historic high
According to the analytical platform Glassnode, the daily number of transactions has exceeded 426,000.
Journalist and analyst Colin Wu notes that this impressive growth is primarily associated with the increased interest in Ordinals. The protocol allows for metadata to be added to satoshis, creating essentially an NFT market within the largest cryptocurrency network by market capitalization.
Grayscale believes that activity around Ordinals could have a positive impact on the Bitcoin network in the long term, attracting new users and developers to the community. Data from the Dune Analytics platform confirms the growth in the number of “ordinals” on the Bitcoin network.
Yesterday, a record number of “ordinals” created in a day was recorded – 223,000, and the total number of bitcoin NFTs today exceeds 2.4 million.