21Shares: Transaction fees continue to soar due to minting of BTC NFTs
Digital asset management company 21Shares posted on social media that transaction fees for Bitcoin NFTs (known as "Ordinal inscriptions") have been soaring due to their minting. The average transaction fee is currently $5.93, which is an increase of over 500% from its low point in August 2023.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list TermMax (TMX) in the DeFi zone
[Initial Listing] Bitget to list Permacast (PWT) in the AI zone
Bitget's announcement on SWARM price abnormality and compensation plan
Notice of Delisting 2 Spot Trading Pairs on August 28, 2026
Crypto prices
More
