Franklin Templeton: Ordinals Driving 'Renaissance' in Bitcoin Innovation

Major financial services company Franklin Templeton, managing approximately $1.5 trillion in assets, believes Bitcoin is experiencing a "renaissance" in innovation driven by ordinals and other new developments on Bitcoin.

This openness to Bitcoin continued in a recent report from Franklin Templeton's Digital Assets division in which it highlighted the rise of Bitcoin-based NFTs called Ordinals, new fungible tokens, and layer 2 protocols.that these new projects primarily drive positive momentum in Bitcoin innovation. Trading volume data shows ordinals like NodeMonkes and Runestone surpassing Ethereum NFTs.

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