Bitcoin Becoming More Than Just Digital Gold As On-Chain Activity Soars: Grayscale Research

Recent developments suggest Bitcoin (BTC) could serve as more than just “digital gold,” according to a researcher at the crypto asset management giant Grayscale. In a new analysis, Grayscale’s Michael Zhao highlights Bitcoin’s surging on-chain activity. “The advent of ordinal inscriptions has revitalized on-chain activity, with over 59 million non-fungible-token-like (NFT) collectibles inscribed, generating upwards The post Bitcoin Becoming More Than Just Digital Gold As On-Chain Activity Soars: Grayscale Research appeared first on The Daily Hodl .