Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues – Bitcoin News

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Ordinal Inscriptions Surpass 1 Million Mark, Miners Collect $4.7M in Fees as Bitcoin NFT Trend Continues – Bitcoin News
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This weekend, the number of Ordinal inscriptions inscribed on the Bitcoin blockchain surpassed the million mark.

worth $4.7 million associated with Ordinal inscriptions have been collected by miners since the trend began. The same Dune user, @dgtl_assets, offers another page of analytical insights that shows the collective volume between six different Ordinal inscription marketplaces. Markets include Ordinals Market, Ordswap, Ordinals Wallet, Open Ordex, Gamma, and Magic Eden.

These six Ordinal inscription markets have seen an aggregate total volume that amounts to $19.31 million. So far,have been executed by 18,462 unique traders, according to the Ordinal inscription marketplace data. Bitcoin commands a great deal of the volume, but the Ethereum blockchain is also accounted for in terms of volume. The leader in unique users by market is Ordinals Wallet, followed by Ordswap.

Meanwhile, the Ordinal inscription milestone reaching the 1 million mark comes at a time when a new way of minting arbitrary content to the Bitcoin blockchain has gained traction called

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