Ordinals Price

Ordinals (ORDI) is a cryptocurrency that operates on the Ordinals - BRC20 platform built on Bitcoin. It's currently ranked #400 with a price of $3.05, showing a -2.27% change in the last 24 hours. Ordinals is the first BRC-20 token created through Bitcoin's Ordinals protocol, which allows for NFT-like inscriptions on individual satoshis. It has a fixed maximum supply of 21M ORDI tokens, mirroring Bitcoin's scarcity model. With a market capitalization of $64.07M and 24-hour trading volume of $905.87K, Ordinals has gained significant attention in the Web3 ecosystem. The token's all-time high was $95.52, while its all-time low was $2.36. Ordinals represents one of the pioneering projects in Bitcoin's expanding functionality beyond simple value transfer, enabling token creation directly on the Bitcoin blockchain through the Ordinals protocol.

Ordinals was created on May 8, 2023, when it was launched as the first BRC-20 token on the Bitcoin blockchain using the Ordinals protocol. Developed as a pioneering digital asset in the Bitcoin ecosystem, Ordinals utilizes the Ordinals protocol to inscribe token data directly onto satoshis (the smallest units of Bitcoin). This innovative approach allowed Ordinals to become one of the earliest and most recognized tokens in the BRC-20 standard, which has since grown into a significant segment of Bitcoin-based assets.

Ordinals was founded by Casey Rodarmor, who created the Ordinals protocol on Bitcoin. While Casey developed the original Ordinals concept that enables NFT-like features on Bitcoin by inscribing data onto satoshis, Ordinals itself emerged as the first and most prominent BRC-20 token within this ecosystem. The token operates independently but is built on the foundation of Rodarmor's Ordinals protocol technology, which extends Bitcoin's functionality to include various data types such as text, photos, and videos attached to individual satoshis. Since its launch in 2026-02-02, Ordinals has become a significant project in the Bitcoin ecosystem.

Ordinals works through the Ordinals protocol, which enables the inscription of digital assets directly onto individual satoshis (the smallest units of Bitcoin). As a BRC-20 token with a 400 market cap ranking of $$64.07M, ORDI represents one of the pioneering digital assets using this technology. The protocol assigns unique identifiers to each satoshi, allowing them to carry data like text or images. This creates verifiable scarcity with a 21M ORDI maximum supply, making each token traceable and immutable on the Bitcoin blockchain. ORDI transactions are processed through the Bitcoin network, with current prices at $3.05 and 24-hour trading volume of $905.87K. The token's value is driven by its utility in the Bitcoin ecosystem and its status as one of the first successful implementations of the Ordinals protocol. Unlike traditional tokens, Ordinals doesn't require a separate blockchain, instead leveraging Bitcoin's security and decentralization while expanding its functionality beyond simple value transfer.

Ordinals operates on the Ordinals - BRC20 platform built on Bitcoin's blockchain. Its technical architecture leverages Bitcoin's security while implementing the BRC-20 token standard through the Ordinals protocol. This architecture allows for the inscription of token data directly onto individual satoshis (the smallest units of Bitcoin). The protocol uses JSON-formatted inscriptions to define token properties and transactions. Each ORDI token exists as an inscription on the Bitcoin blockchain, with a fixed maximum supply of 21M ORDI. The system processes transfers through specialized inscription transactions that reference the original mint inscriptions. Unlike traditional smart contract platforms, Ordinals's architecture doesn't require additional consensus mechanisms beyond Bitcoin's proof-of-work. This design choice provides enhanced security but limits programmability compared to other cryptocurrencies. The architecture prioritizes decentralization and censorship resistance by inheriting Bitcoin's network properties.

Ordinals has a promising future with a clear roadmap focused on expanding its utility within the Bitcoin ecosystem. As a pioneering BRC-20 token, ORDI aims to enhance its position in the digital asset market by 2026-2027. The development team is working on improving scalability and integration with various DeFi platforms. By 2028, Ordinals plans to introduce new use cases beyond digital collectibles, potentially including governance mechanisms and expanded marketplace functionality. The roadmap includes partnerships with major blockchain projects to increase adoption. Price projections suggest Ordinals could reach between $8.66 and $40.85 by 2031, with continued growth expected as the Ordinals ecosystem matures. The fixed supply of 21M ORDI tokens provides scarcity value similar to Bitcoin's model. Long-term vision includes establishing Ordinals as a cornerstone of Bitcoin's layer-2 ecosystem, with enhanced interoperability features planned for 2036.