Bitcoin

<ul class="news-points"> 
 <li><strong>Bitcoin Inscription volume has seen a substantial surge following the advent of BRC-20s.</strong></li> 
 <li><strong>The Inscription volume surpassed 50 million in December 2023, and currently exceeded 60 million.</strong></li> 
 <li><strong>Bitcoin’s mempool transaction count reached an all-time high in 2023, influenced by Inscription volume and BRC-20 tokens.</strong></li> 
</ul> 
<p>In a recent X post, <a href="https://coinedition.com/tag/binance-news/">Binance</a> Research has shed light on the substantial surge of Bitcoin Inscription volume since its inception in December 2022. Despite its slow growth in the beginning, the Inscription volume saw an explosion triggered by the advent of BRC-20s.</p> 
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   <p lang="en" dir="ltr">3/ The growth of Inscriptions<br><br>First minted in December 2022, Inscription volumes rose slowly until the advent of BRC-20s triggered an explosion. The count surpassed 1M by early April 2023 and jumped to over 50M by December. As of the time of writing, it has exceeded 60M. <a href="https://t.co/L8foNtJZDA" target="_blank" rel="nofollow">pic.twitter.com/L8foNtJZDA</a></p>— Binance Research (@BinanceResearch) <a href="https://twitter.com/BinanceResearch/status/1760629548687982801?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">February 22, 2024</a>
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<p>As per the X post, the total Bitcoin Inscription count reached 1 million in early April 2023, surpassing over 50 million in December. At present, the Inscription volume has exceeded the 60 million mark.</p>   
<p>The post <a href="https://coinedition.com/bitcoin-inscription-exceeds-60-million-impacting-btcs-mempool-transaction/">Bitcoin Inscription Exceeds 60 Million, Impacting BTC’s Mempool Transaction</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Bitcoin Inscription Exceeds 60 Million, Impacting BTC’s Mempool Transaction

Coin Edition

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