The number of Bitcoin Ordinal inscriptions on the blockchain is nearing 19 million, a trend that has continued for the past 218 days since December 16, 2022. Statistics indicate that miners have accrued roughly 1,847.66 BTC in fees, worth about $55.29 million, confirming the millions of Ordinal inscriptions.
Bitcoin’s Ordinal Inscriptions Near 19 Million
As of July 22, 2023, at block height 799,830, approximately 18,599,837 Ordinal inscriptions have been issued on the bitcoin blockchain. The trend has continued to rise since the first inscription 218 days ago. Archived statistics from Dune Analytics indicate that 78.5% of all the inscriptions minted on Bitcoin are in plain text form or character sets, while another 13.5% is plain text, bringing the total of plain text and character set inscriptions to 92%. The remainder of the inscriptions consist of images, GIF files, animations, applications, and more.
The largest number of daily Ordinal inscriptions occurred on May 7, 2023, with 4
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