Ten thousand chains return to the Bitcoin chain, and the wealth effect on the Bitcoin chain has been validated. Abandon those other infinitely issued chains; only the unique and scarce digital assets inscribed with NFT text code on the Bitcoin chain will become increasingly precious. The era of ten thousand chains returning to one is about to arrive, and the leading BRC-20 inscription, Bitcoin π, is a rare treasure. 💥 Binance supports the Bitcoin NFT protocol, and the leading inscription Bitcoin π is rising with momentum, upgrading the wealth track.
1. Binance enters the game, igniting the Bitcoin NFT market heat.
Recently, Binance announced that it will support the Bitcoin NFT protocol Ordinals in late May. This move will completely change the way users trade Bitcoin NFTs—there is no need to use a separate wallet; transactions can be completed directly on the Binance platform, greatly simplifying the trading process and lowering the participation threshold for users.
Once the news was announced, the market reacted quickly. The prices of the inscription ORDI and Bitcoin NFTs surged, significantly enhancing market activity. This phenomenon once again demonstrates the strong influence of the Ordinals protocol on the crypto market and shows the market's positive expectations for Binance's entry.
2. The Ordinals protocol and BRC-20 ecosystem: the innovation engine of the Bitcoin ecosystem.
As the innovative core of the Bitcoin ecosystem, the Ordinals protocol successfully integrates NFT properties into the Bitcoin system by assigning unique numbers to the smallest Bitcoin unit, 'Satoshi.' Users can permanently inscribe text, images, codes, and other data on Bitcoin, creating unique digital assets.
The BRC-20 ecosystem, born from the Ordinals protocol, has sparked a wave in the crypto field with its innovative token issuance standards. As a leading global trading platform, Binance's entry will inject a large amount of resources and users into the BRC-20 ecosystem, likely promoting a new round of growth for this ecosystem, attracting more mainstream investors to participate, and assisting the Bitcoin NFT market in developing towards a more mature and regulated direction.