During the past few weeks, the average transaction cost on-chain has remained constant and is currently cruising along at $1.77 per transfer. Blocks bigger than 3 MB have become common, with many blocks being close to the 4 MB range, and ordinal inscriptions are getting close to the 150,000 level. Following a 122% spike during the first week of February, average onchain fees have stayed constant.
Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000
