Bitcoin Will Drive the Next DeFi Summer

Ultimately, initial rumors of NFTs and blockchain expansion gave way to fears during the cryptocurrency winter of 2022, but this is not the end of NFTs. 2023 saw a resurgence in the blockchain craze, thanks to NFTs making a strong comeback in Bitcoin’s ordinal form. Similar to how DeFi Summer revealed new blockchain features, Ordinals and BRC20 tokens demonstrated the potential of Bitcoin and sparked excitement about the future possibilities of blockchain technology.