Bitcoin sees the second-highest number of new Inscriptions per day 
A total of 400,000 new Ordinal Inscriptions were added to the Bitcoin blockchain on Aug. 7.
According to data from Glassnode, this is the second-highest number of new Inscriptions added in a 24-hour window. The previous high was recorded at the end of July when around 420,000 new Inscriptions were added.
Ordinals represent digital assets, similar to NFTs, inscribed on Bitcoinโs smallest denomination โ the satoshi. Inscriptions saw a huge spike in popularity when launched at the beginning of the year, eventually leading to a massive increase in transaction fees that grew mining profitability.
Analyst 
Andjela Radmilac
Armed with a classical education and an eye for news, Andjela dove head deep into the crypto industry in 2018 after spending years covering politics.
In this insight
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
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