After Binance, the world's largest cryptocurrency exchange, listed the $ORDI token named after the Bitcoin inscription protocol Ordinals on November 7, the BRC-20 track, which was once believed to be in decline by the market, has exploded again. BRC-20 tokens including SATS, RATS, etc. have increased several times or even dozens of times within a week.

Ordinals sector overall pullback

However, after experiencing a wave of violent fluctuations in Bitcoin's price in the early hours of yesterday (17th), the Ordinals sector also experienced an overall correction, and several of the most popular tokens, including ORDI, fell together:

  • ORDI: $23.98, down 4.03% in the past 24 hours

  • SATS: $0.0000001905, down 17.55% in the past 24 hours

  • RATS: $0.00005583, down 5.63% in the past 24 hours

  • BTCs: $0.466, down 11.25% in the past 24 hours

  • 3518: reported at 0.000000001882 USD, down 25.79% in the past 24 hours

OKX Ordinals Market Daily Trading Volume Hits Record High

However, the Ordinals protocol is still hot. According to Dune data, the Ordinals trading volume hit a new high yesterday (17), exceeding 30 million US dollars. 💗: 1816425885 Among them, the exchange OKX ranks first with a market share of more than 80% in the Ordinals market.

Will Binance introduce the Ordinals market in the future?

It is understood that OKX Web3 wallet is the first multi-chain wallet to support Ordinals. The Ordinals market it launched is decentralized and supports one-stop engraving, trading, and transfer of BRC-20 concept coins and BTC NFTs. It has become a leader among Web3 wallets that support the Bitcoin ecosystem.

It is worth mentioning that Binance also launched the Binance Web3 wallet on the 8th of this month. Users can now exchange thousands of tokens across multiple networks in a single wallet, explore various DApps, quickly transfer funds between exchanges and wallets, and earn income using cryptocurrencies.

However, Binance has not yet introduced the Ordinals market. Whether it will strike while the iron is hot and list Ordinals in the future remains to be seen.