Economy / FinanceRomeo Full Staff

Bitcoin Ordinal Volume Explodes by a Staggering 2,834%

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Bitcoin (BTC) Ordinal Volume Explodes by a Staggering 2,834% in 2023 Q2, According to DappRadar   Bitcoin’s (BTC) ordinal volume has exploded by a staggering 2,834% in the second quarter of 2023, according to the blockchain intelligence platform DappRadar. DappRadar notes in a new quarterly report that Bitcoin ordinal volume increased from $7.18 million in Q1 to $210.7 million in Q2. Bitcoin ordinals allow users to inscribe digital assets such as images and videos to a single satoshi, or an individual unit of BTC, to create non-fungible tokens (NFTs) on the crypto king’s network. Explains the blockchain intelligence platform, “The hype was…

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