Data shows that Bitcoin Inscriptions have observed a resurgence recently, leading to a boost in the transaction fee of the miners.

The latest data on August 22 show

Here’s how the Bitcoin inscriptions have affected miner economics (particularly in terms of the transfer fees) since they emerged on the scene.

Data shows the Bitcoin transaction fee share of the Inscriptions has dropped to just 26% recently, a sign that the hype around them may be fading.<

On-chain data shows that Bitcoin taproot utilization has sharply surged recently as BRC-20 tokens like Pepe Coin have exploded in popularity.

On-chain data shows the Bitcoin Inscriptions have made a comeback after seeing decline earlier, now hitting a new all-time high transaction count.<

Bitcoin Inscriptions have increased the average size of the cryptocurrency’s blocks; here’s how this could impact the blockchain.

On-chain data shows that Bitcoin network activity is now at its highest level since May 2021 as Ordinals NFTs have been rapidly gaining popularity.