EVM Chains See Slump In Inscriptions – What’s Behind The Drought?

There has been a noticeable surge in transaction activity on the main Ethereum Virtual Machine (EVM) chains as of late. Around 95% of these transactions have inscriptions, according to blockchain analytics tool Etherscan. Ordinals inscriptions have gained favor as a direct means of creating non-fungible tokens (NFTs) on the blockchain by embedding unique data in […] source: https://bitcoinist.com/evm-chains-see-slump-in-inscriptions/