@georgiana12
Bitcoin Ordinals, enabling NFT-like inscriptions, surged in 2025 with $500 million in trading volume, a 200% increase from 2024. The revival, driven by 1 million new inscriptions, reflects renewed interest in Bitcoin’s utility beyond store-of-value. Projects like Bitcoin Punks saw floor prices rise 50% to 0.5 BTC. However, this may be short-term hype—50% of volume comes from speculative trading, mirroring 2023’s Ordinals peak, which crashed 70%. Long-term potential exists if developers integrate Ordinals into DeFi, but Bitcoin’s 1 MB block size limits scalability, with fees hitting $10 during peaks. Ordinals could sustain growth, capturing 5% of Bitcoin’s $1.5 trillion market cap by 2026, but without infrastructure upgrades, this revival risks fading as hype cools, potentially dropping volume 40% by year-end.
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