DWF Ventures: It is expected that the halving of Bitcoin may lead to an exponential growth in Ordinals trading volume

DWF Ventures posted an analysis on the X platform about the impact of Bitcoin halving on Ordinals and Runes rune ecology. The analysis pointed out that with the Bitcoin halving and the launch of Runes rune protocol in April, Ordinals' trading volume may drive exponential growth. Notably, over the past month, Bitcoin's trading volume has been almost on par with Ethereum. Many Bitcoin NFT collection holders have also become recipients of various airdrops, some of which are quite valuable, creating a wealth effect for Ordinals and Runes rune ecosystem.