• The volume of Ordinals inscriptions resumed its trend above 100,000 as of press time.
• ORDI remained above its listing price despite declines.

The inclusion of the Ordinals token in the listings on exchanges has led to renewed interest in inscriptions, as per recent statistics. Additionally, these inscriptions have reshaped the NFT space, with Bitcoin [BTC] Ordinals NFTs taking the lead as of press time.

Ordinals remains active

Despite experiencing a notable decline in activity a few months ago, the Bitcoin Ordinals inscriptions persisted. A recent examination of the daily volume on Dune Analytics indicated a resurgence.

The data revealed that, with only a few exceptions, the daily count of inscriptions has consistently remained above 100,000. Also, it has surpassed half a million within a day.

At the time of this writing, the daily inscription count stood at over 400,000. This renewed interest could be partly attributed to the ORDI listing on exchanges.

How has ORDI fared since the listing?

An analysis of the daily timeframe chart for ORDI indicated a sustained positive price trend. Despite encountering declines, the chart revealed that it stayed above its initial listing price.

According to the price range tool, there has been a remarkable increase of over 70% from its listing value. The token was trading at around $22.8, reflecting a slight decrease of around 5%.

Bitcoin Ordinals NFTs now
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Author: Adewale Olarinde

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