The average commission in the blockchain of the first cryptocurrency has surpassed the corresponding indicator of Ethereum amid renewed interest in Ordinals.
Over the past seven days, the average transaction cost on the Bitcoin network has increased by 49%, from $8.59 to $12.75. The ether indicator is at $7.55.
The chart below shows the November spike in daily Ordinals issuance after a deep decline in September-October.
In total, ~42.6 million Bitcoin NFTs have been issued since the launch of the protocol. The total volume of commissions associated with “inscriptions” reached 2952 BTC ($109 million).
Source: Cryptocurrency
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