ORDI is the first token created according to the BRC-20 standard based on the Ordinals protocol, launched on March 8, 2023.
At launch, only 21 million ORDI tokens were issued, which coincides with the total emission limit of Bitcoin (21 million BTC).
Unlike the Ordinals protocol, which allows you to “write” data (text, images, music) in satoshi, ORDI is a fungible token used simply as an exchange asset in the Bitcoin ecosystem.
Price history and key events
ORDI's initial circulation began in May 2023, when the token traded at around $25 and reached highs of $29-30.
In the summer and fall of 2023, the price declined, reaching an all-time low of $2.86 (September 11, 2023). In November 2023, when Binance announced the listing of ORDI, the price rose by about 90-100% in one day, reaching about $14.
According to CoinStats, the ATH (All-Time High) was $96.17, and then the price dropped by almost 90% to levels of ~$10.
Current state
Currently, ORDI is trading around $10-11, the market capitalization is about $210-215 million, the turnover is tens of millions of dollars per day. The maximum supply remains 21 million tokens.
The token is available on major trading platforms: Binance, OKX, KuCoin, CEX.IO, etc.
Analytics and forecasts
Some forecasts for mid-to-late 2025 from Changelly indicate a price range of $7.8-$10.9, the average price is about $9.3-10.3.
Other analysts (e.g. BTCDirect / DigitalCoinPrice) are more optimistic about a rise to €43 ($47) by the end of 2025, and further growth to €90-130 ($100-150) in 2027-2031.
At the same time, more conservative estimates expect a stable price of around $25 by 2030.
The challenges of trading are also discussed: high fees when selling ORDI on certain platforms (e.g. Crypto.com), causing complaints about high “spreads” and BRC-20 transaction fees.
Why do people invest in ORDI?
It is positioned as the first implementation of the BRC-20 token on Bitcoin, which attracts the attention of investors and traders.
Participation in listings and new trading promotions on exchanges (Binance, BitMart, OKX, etc.) stimulated a sharp increase in interest and investment.
ORDI is an experimental token with a unique role: it demonstrates the possibilities of tokenization within the Bitcoin ecosystem without the use of smart contracts.
It also turned out to be a highly speculative asset - volatile, with sharp jumps and rises on news and listings.
Forecasts for the future of its price vary greatly: conservatives estimate its stability at levels of ~$10-25, and optimists see the potential for growth to $50-100 and higher over several years.