What’s behind the surge in Ordi? Coinvested Binance Wallet to launch BRC-20 Textual Plate, official rumors debunked.

Binance’s motivation for launching a Web3 wallet that supports ordinals may be related to the success of OKX’s Web3 wallet. In May of this year, OKX’s Web3 wallet introduced Ordinals market and quickly gained market acclaim as the preferred platform for entering the Bitcoin ecosystem, thanks to its smooth user experience, comprehensive functionality, multi-chain support, leading liquidity, and zero transaction fees. Data from Dune shows that Bitcoin Ordinals’ trading volume accounts for over 80%, highlighting the widespread popularity of OKX Wallet in the ordinals market.