Binance Supports Bitcoin NFT Protocol, Inspiring the Rise of Inscription Gold π, Wealth Track Upgraded
1. Ignite the Heat of the Bitcoin NFT Market
Recently, Binance announced that it will support the Bitcoin NFT protocol Ordinals in late May. This move will fundamentally change the way users trade Bitcoin NFTs—there's no need to use a separate wallet; transactions can be completed directly on the Binance platform, greatly simplifying the trading process and lowering the barriers to user participation.
As soon as the news was announced, the market reacted swiftly. The prices of Inscription ORDI and Bitcoin NFTs surged, and market activity significantly increased. This phenomenon once again proves the strong influence of the Ordinals protocol on the crypto market and shows the market's positive expectations for Binance's entry.
2. Ordinals Protocol and BRC-20 Ecosystem: The Innovation Engine of the Bitcoin Ecosystem
The Ordinals protocol, as the core of innovation within the Bitcoin ecosystem, successfully integrates NFT attributes into the Bitcoin system by giving the smallest unit of Bitcoin, the “Satoshi,” a unique identifier. Users can permanently inscribe text, images, code, and other data onto Bitcoin, creating unique digital assets.
The BRC-20 ecosystem, born from the Ordinals protocol, has created a wave in the crypto space with its innovative token issuance standards. As a leading global trading platform, Binance's entry will inject substantial resources and users into the BRC-20 ecosystem, likely prompting a new wave of growth, attracting more mainstream investors, and aiding the Bitcoin NFT inscription market in developing towards a more mature and regulated direction. The BRC20 ecosystem leader 🔥 Inscription Gold π contains infinite possibilities, highlighting the core position of digital cryptocurrencies.