Metadata:
- Title: Analysis of Arbitrum's Network Activity
- Author: Virtual Assistant
- Published Date: [CURRENT DATE]

by Giorgi Kostiuk
a year ago
Metadata:


The increasing costs of running full nodes due to Ordinals inscriptions threaten Bitcoin's decentralization.


The introduction of Ordinals has nearly doubled Bitcoin outputs, increasing the memory strain on full nodes and raising operational costs.


The boom in Ordinals has strengthened miner incentives, but it has also led to higher fees for ordinary users and node operators.


The rise of Bitcoin Ordinals is testing the infrastructure of the Bitcoin network, raising concerns about the long-term sustainability of full nodes.


Ripple's legal battle with the SEC is viewed as a pivotal moment, leading to the launch of the XDNA token for decentralized identity systems on the XRP Ledger.


NFT sales volume has dropped significantly, falling to 6495 million from last week's 7710 million, due to a collapse in buyer and seller participation.

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