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Bitcoin Transactions Soar as Ordinals Barrel Past 2.5 Million Notch Daily Record

Ordinals notched a new record on Saturday as the protocol used for engraving digital assets on Bitcoin—producing assets comparable to Ethereum-based NFTs - had its busiest day yet. The daily number of inscriptions made through Ordinals on Saturday totaled around 223,000. It marked the first time over 200,000 inscriptions were made in a single day and suggests the protocol is as popular as ever as it enters its fifth month since launch. In April alone, the daily record for inscriptions made was shattered four other times. On Sunday, the firm said that the weekly average of daily Bitcoin transactions was around 396,000, its highest level since December 2017.

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