1. Ordinals’ cumulative fee income exceeds 6,700 BTC, an increase of approximately $80 million in the past three days

Twitter user @zad1130 reported that several of the top 10 Rune projects are deployed by project owners or well-known individuals, including:

According to Dune data, the cumulative fee income of Bitcoin NFT protocol Ordinals' inscription casting has exceeded 6,700 BTC, currently at 6,720.2166 BTC, equivalent to $428,104,974; the total amount of cast inscriptions currently stands at 66,238,977.

Leonidas, the developer of Ordinals, stated on social media that fees have exceeded the Coinbase reward in the last five Bitcoin blocks. Runes users have offset the decrease in rewards after the halving, significantly increasing Bitcoin's security budget.

According to the market, ORDI has fallen below $60 and is now trading at $59.99, with a daily decline of 17.64%. The market is volatile, please be prepared for risk control.

Founder of the Bitcoin NFT protocol Ordinals, Casey, tweeted that Ordinals has released version 0.18.1 with key fixes and improvements and recommends all users to upgrade. The update includes: submitting transaction confirmation numbers for Bitcoin Core block heights greater than the actual confirmation numbers as of the engraved transaction block; adding a turbo flag when issuing inscriptions (which users can choose not to add); and fixing deviation errors in wallets that cause ord wait times to increase.

Luke Dashjr has faced criticism for refusing to allocate BIP numbers for Casey Rodarmor's proposal as a Bitcoin core contributor. Luke Dashjr believes that Ordinals is a spam protocol, so he did not take the proposal seriously and did not allocate a BIP number for it. Luke Dashjr believes that Ordinals and its Inscriptions on the blockchain use Bitcoin's Taproot and Segwit discounts to cheaply embed a large amount of data. He has called Ordinals an "error" that needs to be fixed. The original intention of Bitcoin was to process transactions, not JPEGs. Luke Dashjr even filters out Ordinals transactions from many of the blocks mined by his mining pool OCEAN. It is reported that Luke Dashjr has made many contributions to Bitcoin Core over the years, including support for SegWit during the Bitcoin block size war. The Bitcoin network eventually adopted SegWit through a user-activated soft fork in 2017. SegWit made it possible to cheaply store more data on the Bitcoin blockchain without increasing the block size. Bitcoin supporters believe that this was a suitable compromise for such a controversial topic, and Luke Dashjr became one of the most active Bitcoin developers. He eventually founded several companies, including the Eligius (now OCEAN) mining pool.

ORDI has broken through $65, currently trading at $65.03, with a daily increase of 8.95%. The market is volatile, please be prepared for risk control.

Developer Leonidas from Ordinals announced on X platform that Runestone is expected to airdrop three types of Runes Meme coins to its holders, one of which will be airdropped later this month, and another is expected to be airdropped later this year. They also stated that one of them will be a dog-themed Meme coin.

Dune data shows that the cumulative fee income generated by the Bitcoin NFT protocol Ordinals' inscription casting has reached 6,402.5714 BTC, currently worth approximately $448,511,935. The total amount of inscriptions cast is currently 63,574,617.