Bitcoin Overwhelms Ethereum with BRC-20 Tokens: A First Since 2020!

While interest in the BRC-20 craze is increasing day by day, an event that has not occurred in the Bitcoin (BTC) network for years has occurred.

Bitcoin Ordinals (BRC-20) The snowball growth of the craze has increased the transaction fees on the Bitcoin network. not seen for a long time took it to a higher level. Daily transaction fee on the Bitcoin network, according to data provided by the site called Cryptofee 16 November on for $11.63 million by reaching November 2020 for the first time since the middle It surpassed Ethereum (ETH).

Compared to $11.63 million in transaction fees spent on the Bitcoin network on November 16, on the same day on the Ethereum network only $8.44 million transaction fee has been paid. This data shows that the interest on the Bitcoin network is the same as the interest on the Ethereum network. before passed revealed.

In addition, this increase in Bitcoin transaction fees has recently 10 May 2023 It was seen on. Again, at that time, the Bitcoin Ordinals craze began to attract real attention for the first time and even Binance As a result of the congestion in the Bitcoin network, short-term disruptions were observed in exchanges such as.

The transaction fee on the Bitcoin network increased with the intense interest experienced at that time. May 8 day suddenly $17.41 million had risen to the level of

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