Bitcoin’s average daily transaction fees, reaching $10.34 on Nov. 20, have surpassed Ethereum’s $8.43 amid heightened Ordinals Protocol activity, a tool creating NFT-like assets and BRC-20 tokens on Bitcoin; the surge in Bitcoin fees, escalating over five days, follows a substantial growth in Ordinals inscriptions since late October, generating over 800 BTC in fees, coinciding with ORDI’s listing on Binance and a $7.5 million seed round for Taproot Wizards.
Bitcoin transaction fees flip Ethereum’s as Ordinals hype returns
