Bitcoin faces a wave of unconfirmed transactions while Ordinals thrive. How does this resurgence impact network fees?
had the second-highest daily and weekly fees among all other chains as of this writing. The daily fees had surged to over $777,000, while the weekly fees had reached over $638,000.
A closer examination of Bitcoin’s fee analysis revealed that the current daily fee was the highest the network had seen in nearly a month. The last time it reached a level beyond its current fee was on 8 August, when fees exceeded $800,000.However, it’s essential to note that despite this recent uptrend, fees remained relatively low compared to earlier in the year.
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