Bitcoin

<ul><li>Research analyst Tom Wan recently highlighted that BRC-20 tokens account for 45% of the total Ordinal trading volume.</li><li>The analyst’s post comes after trading volume for Ordinals surpassed that of Solana-based NFTs.</li><li>In related news, both BTC and ETH printed gains in the past 24 hours.</li></ul>In a recent tweet, a research analyst by the name of Tom Wan shared some insights relating to BRC-20 tokens and BTC Ordinals. According to the <a href="https://twitter.com/tomwanhh/status/1661632939711688706" rel="noopener noreferrer nofollow">post</a>, 45% of the ordinal trading volume is attributed to BRC-20 tokens, while Ordinals (ORDI) account for 22.1%.As a result, the analyst raised a thought-provoking question about whether all Ordinals should be considered as NFT volume or if it should be limited to the Image Inscribed Ordinals. This follows the news of the trading volume for Bitcoin (BTC) Ordinals surpassing that of Solana-based NFTS — ranking their trading volume second under Ethereum-hosted NFTs.<a href="https://coinedition.com/brc-20-tokens-make-up-45-of-ordinal-trading-volume-analyst/" rel="noopener noreferrer nofollow">See the Original CoinEdition</a>

BRC-20 Tokens Make Up 45% Of Ordinal Trading Volume: Analyst

Coin Edition

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