While the new token standard underscores the potential of Ordinals, it still shows that more use cases are needed to accelerate its adoption.
The latest buzz in the crypto world revolves around the newly introduced Bitcoin token standard , which has garnered considerable attention and favor owing to the recent memecoin craze. Despite the ongoing hype, the token standard is still subject to certain constraints concerning the broader crypto landscape.by leading crypto exchange Bitfinex has emphasized the token standard’s potential and the significance of identifying more use cases to expedite its widespread adoption.
Since the introduction of Bitcoin-based fungible assets, transactions on the network have surged, with BRC-20 Ordinals transactions surpassing non-BRC-20 transactions by over four million, according to
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