SEC INSIDER LEAK: Ordinals boom sent bitcoin fees to record - Massive Gains Incoming

UPDATED: Thu, 09 Apr 2026 10:25:53 GMT
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$71,458.00 -0.27329
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$2,191.79 -2.58246
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$601.35 -1.80787
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$82.50 -2.58094
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Bitcoin
Bitcoin (BTC)
$71,458.00 -0.27329
Bitcoin price
Ethereum
Ethereum (ETH)
$2,191.79 -2.58246
Ethereum price
BNB
BNB (BNB)
$601.35 -1.80787
BNB price
Solana
Solana (SOL)
$82.50 -2.58094
Solana price
XRP
XRP (XRP)
$1.34 -3.41768
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000059 -4.06934
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000035 -6.09385
Pepe price
Bonk
Bonk (BONK)
$0.0000058 -5.17495
Bonk price
dogwifhat
dogwifhat (WIF)
$0.191763 -4.42878
dogwifhat price
Popcat
Popcat (POPCAT)
$0.05026 -1.71771
Popcat price
Bitcoin
Bitcoin (BTC)
$71,458.00 -0.27329
Bitcoin price
Ethereum
Ethereum (ETH)
$2,191.79 -2.58246
Ethereum price
BNB
BNB (BNB)
$601.35 -1.80787
BNB price
Solana
Solana (SOL)
$82.50 -2.58094
Solana price
XRP
XRP (XRP)
$1.34 -3.41768
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000059 -4.06934
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000035 -6.09385
Pepe price
Bonk
Bonk (BONK)
$0.0000058 -5.17495
Bonk price
dogwifhat
dogwifhat (WIF)
$0.191763 -4.42878
dogwifhat price
Popcat
Popcat (POPCAT)
$0.05026 -1.71771
Popcat price
Bitcoin
Bitcoin (BTC)
$71,458.00 -0.27329
Bitcoin price
Ethereum
Ethereum (ETH)
$2,191.79 -2.58246
Ethereum price
BNB
BNB (BNB)
$601.35 -1.80787
BNB price
Solana
Solana (SOL)
$82.50 -2.58094
Solana price
XRP
XRP (XRP)
$1.34 -3.41768
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000059 -4.06934
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000035 -6.09385
Pepe price
Bonk
Bonk (BONK)
$0.0000058 -5.17495
Bonk price
dogwifhat
dogwifhat (WIF)
$0.191763 -4.42878
dogwifhat price
Popcat
Popcat (POPCAT)
$0.05026 -1.71771
Popcat price

Ordinals boom sent Bitcoin fees to record

Dorian Batycka
Edited by
News
Ordinals boom sent Bitcoin fees to record

The average commission on the Bitcoin (BTC) network exceeded $37, reaching a yearly high.

The increase in blockchain fees was caused by another wave of activity in the Ordinals segment. This has led to increased demand for block space.

Ordinals boom sent Bitcoin fees to record - 1
Source: Bitinfocharts

A similar situation happened in April-May 2023. At that time, after the popularization of inscriptions — notes that can be inscribed onto the Ordinals blockchain — the average commission reached $19. Then, the demand for Bitcoin NFTs fell, but grew again in Q3 2023.

Commission increases occurred due to the high demand for inscriptions on the Ordinals network.

The number of these tokens and the volume of commissions show a steady upward trend.

Ordinals boom sent Bitcoin fees to record - 2
Source: Dune

The beneficiaries were miners whose income jumped to the levels of Bitcoin quotes at historical highs of around $69,000.

Some users noted that this network fee level makes mass cryptocurrency adoption problematic.

However, according to popular influencer hodlonaut, the network of the first cryptocurrency is not intended for this, and high commissions are its protection from attack. The expert believes that second-layer solutions like Liquid Network or Lightning Network, which are specifically designed for mass use, should be used for accessible transactions.

https://twitter.com/hodlonaut/status/1736118930123473050

He is confident that the structure of the Bitcoin network allows for a constant increase in value by the design of the Proof-of-Work consensus algorithm. The expert believes it is impossible to maintain low commissions in this situation, as failed forks like Bitcoin Cash showed, the analyst claimed.

At the same time, commissions have also increased in other blockchains on which analogs of Ordinals are issued. On Dec. 16, gas consumption for operations with “inscriptions” in EVM networks jumped to $8.37 million. Avalanche accounted for $5.6 million of the total amount, while Aribitrum One’s figure was $2.1 million.