#ordinals.
ordinals.
198,737 views
101 Discussing
Hot
Latest
#BitcoinNetworkActivityNearAllTimeHigh
⛓️ The most active network, yet the price is stagnant
$BTC drops for the fourth consecutive day, but its network is more active than ever. The Network Activity Index is just 7% away from the all-time high recorded in September 2024. A paradox that's sparking debate.
📊 The numbers of record activity
· Daily transactions: exceed 800,000 in 2026 – more than double the lows of 2025.
· Mempool (pending transactions): hit its highest level since February 2025, with ~128,000 transactions in queue.
· Microtransactions: trades under 0.01 BTC (~$600) now account for 80% of all daily activity, up from 44% in 2023.
🐣 What's driving this growth?
It's not an increase in traditional payments or value transfers. It's a wave of microtransactions generated by new protocols:
· Ordinals, Runes, and BRC-20 are writing data (images, text) onto the blockchain, creating a high volume of low-value transactions.
· The use of the opcode OP_RETURN (which allows embedding data without creating spendable Bitcoin outputs) has reached record levels, saturating block space and driving up fees.
🔍 What does this mean?
The network is being used as a censorship-resistant data storage medium, not as money. This is a historical divergence: network activity is at an all-time high, but the price remains stagnant, ETFs are seeing outflows, and institutional demand is weak.
Meanwhile, the fall of Strategy (the largest corporate buyer of BTC) and the pause of its STRC issuance program have eliminated a key source of demand.
In summary: the Bitcoin network is more alive than ever, but for reasons that transcend its use as currency. The price still doesn't reflect this record activity.
Do you think this record activity will end up pushing the price or will it remain an isolated phenomenon? 👇
#Ordinals. #mempool
#Bitcoin❗ #CriptoNoticias $ETH $MSTR
⛓️ The most active network, yet the price is stagnant
$BTC drops for the fourth consecutive day, but its network is more active than ever. The Network Activity Index is just 7% away from the all-time high recorded in September 2024. A paradox that's sparking debate.
📊 The numbers of record activity
· Daily transactions: exceed 800,000 in 2026 – more than double the lows of 2025.
· Mempool (pending transactions): hit its highest level since February 2025, with ~128,000 transactions in queue.
· Microtransactions: trades under 0.01 BTC (~$600) now account for 80% of all daily activity, up from 44% in 2023.
🐣 What's driving this growth?
It's not an increase in traditional payments or value transfers. It's a wave of microtransactions generated by new protocols:
· Ordinals, Runes, and BRC-20 are writing data (images, text) onto the blockchain, creating a high volume of low-value transactions.
· The use of the opcode OP_RETURN (which allows embedding data without creating spendable Bitcoin outputs) has reached record levels, saturating block space and driving up fees.
🔍 What does this mean?
The network is being used as a censorship-resistant data storage medium, not as money. This is a historical divergence: network activity is at an all-time high, but the price remains stagnant, ETFs are seeing outflows, and institutional demand is weak.
Meanwhile, the fall of Strategy (the largest corporate buyer of BTC) and the pause of its STRC issuance program have eliminated a key source of demand.
In summary: the Bitcoin network is more alive than ever, but for reasons that transcend its use as currency. The price still doesn't reflect this record activity.
Do you think this record activity will end up pushing the price or will it remain an isolated phenomenon? 👇
#Ordinals. #mempool
#Bitcoin❗ #CriptoNoticias $ETH $MSTR
A new myth in the crypto world? Casey and his Ordinals protocol redefine the value of Bitcoin
Complete details have been updated on the homepage, looking forward to your review
#BTC #ETH #Web3 #Ordinals. $BTC
Complete details have been updated on the homepage, looking forward to your review
#BTC #ETH #Web3 #Ordinals. $BTC
Log in to explore more content