Sunday, November 17, 2024
Home > News > Bitcoin News > Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs

Bitcoin Network Activity Spikes to Two-Year High Thanks to NFTs

Whilst some of those against Ordinals cite the possibility of a rise of transaction fees as a reason to oppose them, CryptoQuant notes that an uptick in demand for block space, coupled with a rise in fees generated by miners, is positive for long-term network security for Bitcoin.

Source