On May 6, the trading volume of the Bitcoin Ordinals trading market exceeded $9.2 million, which is a record high in its history. The trading market saw UniSat accounting for 73.7% of the trading volume, indicating the popularity and acceptance of the cryptocurrency among investors.
In addition, the daily active users of the Bitcoin Ordinals trading market exceeded 6k, which is a significant number, especially considering the fact that it is a niche market.
Another remarkable achievement for Bitcoin Ordinals was the number of daily transactions exceeding 10k, which is a clear indication of the increasing demand for Bitcoin and other cryptocurrencies. The fees paid by Ordinals during this time were also noteworthy, with 65 BTC being paid, which is a record high.
It is interesting to note that these achievements come at a time when the overall market of cryptocurrencies has been going through a phase of ups and downs. Despite the fluctuations, Bitcoin Ordinals seems to be gaining momentum, and investors are showing a lot of confidence in it.
The market performance of ORDI token, which is linked to the Bitcoin Ordinals trading market, also reflects this trend. According to brc-20.io data, the ORDI token has risen by more than 38% in the past 24 hours, and its market value has reached 200 million US dollars, the TRAC token has skyrocketed by more than 1,000% just one day. This is a remarkable achievement for a token that has been in the market for a relatively short period.
In conclusion, the recent achievements of the Bitcoin Ordinals trading market are a clear indication of the increasing popularity and demand for Bitcoin and other cryptocurrencies. With the market showing promising signs, it will be interesting to see how it performs in the coming days and what other milestones it achieves in the future.
Source: https://azcoinnews.com/bitcoin-ordinals-trading-market-breaks-record-with-9-2m-volume-trac-token-soars-1000-in-a-day.html
