As per the most recent data provided by NFTScan, the collective count of markings created on the Bitcoin blockchain has achieved a notable milestone, approaching nearly 38 million. These markings have made a substantial impact on the Bitcoin network, resulting in the generation of more than 2,400 BTC in transaction fees. Furthermore, the widespread appeal of these markings is demonstrated by the fact that there are currently over 672,000 wallets containing these distinct digital assets. In the past week, the BRC-20 SATS token has established itself as a prominent figure in the NFT market.
With an astounding transaction volume exceeding $32 million, it has outperformed other well-known NFT projects like CryptoPunks and Bored Ape Yacht Club (BAYC). In fact, the BRC-20 SATS token currently occupies the top spot in terms of NFT/Inscriptions transaction volume throughout the entire network. These figures illustrate the increasing fascination with and acceptance of inscriptions as a valuable and desirable digital asset within the Bitcoin ecosystem. The ascent of BRC-20 SATS as the top NFT project further reinforces the role of Inscriptions as a substantial contender in the NFT market.
