EVM daily inscriptions have fallen below 50,000.
Bitcoin still maintains higher daily inscriptions than EVM networks.
After gaining popularity on the Bitcoin [BTC] network, inscriptions became popular on Ethereum Virtual Machines (EVM).
The number of inscriptions on these networks reached a record high, affecting the transaction volume significantly. However, the inscription trend has decreased.
How EVM inscriptions have trended in the last three months
An analysis of EVM inscriptions on Dune Analytics over the past three months revealed a notable rise in volume in December. The data showed that at least three networks experienced daily inscription counts of over 1 million on certain days in December.
For instance, on 6th December, the BNB chain recorded over 28 million transactions, while Polygon saw nearly 8 million. The cumulative inscriptions for that day were over 6 million.
Source: Dune Analytics
Furthermore, the charts showed that inscription transactions made up over 50% of
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