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Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue

@faun ・ Nov 09,2023

Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue

Bitcoin fees have surged to a high level since the meme coin mania in May, driven by an increase in NFT activity on the blockchain. The surge in fees has been driven by the demand for NFTs and the resurgence of meme tokens, leading to increased revenue for miners.

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FAUN.dev() is where engineers from GitHub, Netflix, and Shopify go to stay ahead — fast.

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Trusted by developers at
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