TechFlow news, according to data from NFT data aggregator CryptoSlam, Ordinals monthly sales dropped 61% in January to $335 million, down from $868 million in December.
Sebastien Guillemot, co-founder of Web3 gaming engine Paima Studios, said: "Many people working on Ordinals have already shifted toward Bitcoin Layer 2, especially amid the hype around BitVM and OP_CAT. I wouldn't be surprised if developers and investors alike agree with this view."




