A new burst of ordinals and inscription activity has jammed the mempool again and pushed fees well above the recent baseline.
For users, it’s annoying. For miners and serious allocators, it’s a reminder that blockspace is an option with a floating price, not a flat-rate commodity.
What to watch when fees go vertical
- How quickly exchanges and wallets adjust their fee policies.
- Whether high-value settlement keeps clearing or gets displaced.
- How much incremental revenue actually hits miner P&Ls.
Every fee spike is a preview of a future where subsidy is smaller and blockspace buyers set the tone. Miners who ignore that are leaving money and risk signals on the table.