After the introduction of Ordinals, the average block size of Bitcoin has increased to 3.0-3.5 MB, almost doubling compared with that before the release of the protocol

It is reported that according to Glassnode data, since the introduction of Ordinals, the upper limit of the average block size of Bitcoin has increased significantly, from 1.5-2.0 MB to 3.0-3.5 MB in a few weeks. This increase is not only related to images, but also related to larger files (such as audio and video) starting to be stored as Ordinals. It is worth noting that on February 1, the first NFT work of the Taprot Wizards series, the Inscription 652, set a new record for the largest block and transaction in Bitcoin history, reaching 4 MB in size. Glassnode shows that although the Ordinal network has a significant impact on the size and cost of the transaction hash of the special currency, the average size of the transaction has increased by more than 100%, from 600 bytes to 1100 bytes. In addition, according to the latest data of Dune Analytics, the number of NFTs cast by the Ordinals protocol on the Bitcoin network has reached nearly 150000 (142735). （cryptoslate）

Interpretation of this information:

The introduction of Ordinals has led to a significant increase in the upper limit of Bitcoin’s average block size, from 1.5-2.0 MB to 3.0-3.5 MB in just a few weeks. This increase is not just related to images but also larger files such as audio and video being stored as Ordinals. The first NFT work of the Taprot Wizards series, the Inscription 652, set a new record for the largest block and transaction in Bitcoin history, reaching 4 MB in size on February 1. While Ordinals have impacted the size and cost of transaction hash for cryptocurrency, the average size of the transaction has increased by over 100%, from 600 bytes to 1100 bytes. The number of NFTs cast by the Ordinals protocol on the Bitcoin network has reached nearly 150,000 according to Dune Analytics.