The emergence of NFTs on Bitcoin has led to increased activity and experimentation on the network, leading to high fees per block. Meanwhile, Bitcoin's Lightning Network capacity reaches an all-time high. Watch Chart of the Day, presented by cryptocom:
New Fundstrat data shows Bitcoin's mean block size has increased since the Ordinals protocol, which allows for NFTs to be stored on Bitcoin's blockchain, started to gain traction towards the end of January.
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