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Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode

Inscriptions have been acting more as a “packing filler,” stuffed into any remaining space once higher-value monetary transfers are packed into blocks, said the firm.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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