Bitcoin’s average block size has hit all-time highs above 2.5MB for the first time since its inception in 2009, driven by the launch of nonfungible tokens (NFTs) protocol Ordinals in January 2023.
Block size data from Blockchain.com reflects a jump in block size from the beginning of February 2023, increasing over 2MB in the weeks following the launch of the Ordinals Protocol.
The average block size over the past 24 hours in megabytes: Source: Blockchain.com
