Even today, the Ordinals protocol and the BRC-20 divide the members of the Bitcoin network. A large number of followers express a great dislike for Ordinals. Nevertheless, the protocol is currently enjoying dazzling success. Upstream, BRC-20 tokens are increasingly invading the blockchain.
The craze for Bitcoin Ordinals and BRC20 tokens continues
Ordinals and BRC-20 tokens hit the Bitcoin network a few months ago. Since then, they have occupied a prominent place within the blockchain. In recent times in particular, we see a great enthusiasm for Bitcoin Ordinals and BRC-20 tokens.
On May 21, Bitcoin’s Ordinals registration count tops over 8.3 million with 24,677 new BRC-20 tokens. Together, these currently display a market cap of $483 million.
According to bitcoin news, over 1.3 million Ordinals registrations have been issued in the last 5 days. This meteoric rise has allowed miners to take advantage ofa reward of 1448.84 BTC.
OKX, a crypto exchange to follow closely
OKX stands out as one of the largest crypto exchanges in terms of transaction volume. On May 20, it announced that it is now among the first crypto exchanges to include Bitcoin Ordinals (ORDI) in its directory.
Specifically, OKX activated ORDI deposits and withdrawals on May 20 at 10 a.m. (GMT). Only 2 hours later, trading of the ORDI/USDT spot pair begins.
This initiative presents itself as an ideal solution for users who trade ORDI on decentralized exchanges (DEX). Indeed, these users often face high network fees, in addition to extremely slow transactions. OKX is therefore the first exchange to list ORDI while offering affordable fees and fast transactions to the Bitcoin community.
In any case, one thing is certain: Bitcoin Ordinals listings and BRC-20 tokens will continue to increase in the coming days.
Receive a digest of news in the world of cryptocurrencies by subscribing to our new service of daily and weekly so you don’t miss any of the essential Tremplin.io!
