Since the 3.96 MB block (774,628) was mined, there has been a significant increase in Ordinal inscriptions on the Bitcoin blockchain.
Charts show a rise in Ordinal mints since the Feb. 2, 3.96 MB block mined by Luxor.
Since that block was mined, the number of Ordinals minted has increased further and the mint rate has grown significantly since the project’s inception. According tofrom Dune Analytics, until Jan. 20, 2023, there were fewer than 10 Ordinals minted daily. By Jan. 22, the number rose to 36. On Jan. 29, 2023, there were over 100 mints, and the next two days saw numbers just under 75. After the Luxor block with inscription #652 was produced, the number of mints surged to 420 on Feb.
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