Inscription Metrics
What Is Inscription Metrics?
Tracking of Bitcoin inscriptions (Ordinals/BRC-20) including counts, fees generated, and block space consumed. Measures the impact of NFT/token activity on the Bitcoin network.
How to Interpret
High inscription activity drives fee revenue for miners and contributes to block space demand. Controversial but represents a new use case bringing additional economic activity to Bitcoin.
More Network Adoption Metrics
Active Addresses
The number of unique Bitcoin addresses that were active (either sending or receiving) on a given day. A proxy for daily network usage and user engagement.
Address Cohorts
Breakdown of Bitcoin addresses by their balance size — from shrimp (< 1 BTC) to whales (> 10,000 BTC). Shows how different wealth classes are accumulating or distributing.
Script Types
Analysis of Bitcoin transaction types by script format (P2PKH, P2SH, P2WPKH SegWit, P2TR Taproot). Shows the adoption rate of newer, more efficient transaction formats.
Miner Fees
The total transaction fees paid to miners by users sending Bitcoin transactions. Reflects urgency of transactions and demand for block space.