What does it indicate, it's quite simple to guess Bitcoin community is growing at a faster rate and this is the reason for the reliability of the Bitcoin. There are a few reasons behind this in my view the main role in community growth after 2020 is played by,

COVID-19 During the pandemic crisis digital skills developed so fast because everyone was staying at home and learning some new skills and this indorsed the Bitcoin understanding in the Public resulting in large-scale adoption of Bitcoin for different reasons.

Institutional Adoption: This is also one of the main reasons that the Bitcoin market grew at a higher rate as Tesla adopted Bitcoin, MicroStrategy, Square, and other institutional adoption attracting a vast range of investors in the crypto market.

Bitcoin Halving: As always Bitcoin halving creates hype around the world by the tremendous gain after the completion of each cycle and it's a proven historical fact that Bitcoins popularity grows in doubles after each Halving event.

Media Coverage: Bitcoin is getting more and more attention from law enforcement and Public platforms which is the reason Bitcoin stays a Hot topic in the media and it directly attracts ground-level investors.

The record was replaced by yesterday’s staggering 682.281 TXs … though of course that amount accounts for 372.832 Ordinals that are the root cause for both the spike in TXs per day and the fees now over 100 sats/vB over some of the lasts blocks.

Take away all this Ordinal bloat, and the last fortnight would be showing between 239697 and 309449 TXs per day – something in line with the ranges over the months prior to Ordinals (Ordinals started picking-up traction in February 2023).

See:
https://bitinfocharts.com/comparison/bitcoin-transactions.html#1y
https://dune.com/ddmrddmr/ordinals-data

As stated above, this is due to the Ordinals problem, what I see on mempool.space is that there are currently a quarter of a million transactions to be confirmed. I don't know when this ordinals craze is going to end but even if they stopped sending ordinals right now it would take a few weeks to lower the unconfirmed tx in the mempool and the fees. The problem I see is if this craze continues. Are we going to reach half a million transactions to be confirmed? A million? What is going to happen to the fees? If this trend continues, Bitcoin will not be used for everyday transactions, so it will be used only as digital gold.

I don't know about whales. The number is huge now because on-chain transactions with lower fees piled up in the last few days as a result of ordinals clogging the network. There are over 200K of unconfirmed transactions with ~17 sat/vB in the mempool which is way below the highest priority of 120 sats/vB as of this writing. I bet majority of those are regular BTC transfers.

I agree that that's not sign Bitcoin adoption but NFTs on bitcoin.

Same old "fee is high" argument won't affect the old users but maybe the newbies.

Those datas about Ordinals are interesting but how do you explain that "Weight of Ordinals per Day - % Block with ordinals per day" doesn't spike too and is even lower than many days in the previous months ? I don't understand that. In addition it's not clear what "nOrdinals per day" is precisely. Is it the number of Ordinals mined into the blockchain, the number of Ordinals sent in transactions or the number of Ordinals remaining in the mempool ?

I don't know any of those ordinals or whatever, those are beyond me and I never been interested in it. But I am 100% sure that this increase has something to do with the fact that we were 16k just a few months ago, and now we managed to pass 30k and still close it to even today. Sure there are spikes due to some unexpected stuff, I am not saying this is all about what's going on, but at the end of day we are talking about something that is as fun as it gets with the price as well.

Plus, the world economy is going terrible so when you consider that it is not going to suffer that much, I feel like that should not really be a big deal, it feels like it can be pretty good and the following up days could continue to be this well too. I can't say if it will, but it may go break more and more records.

Fees are insanely-high right now. I've had to pay a lower fee and wait a day for my transaction to get confirmed on the Blockchain. Either Bitcoin is getting spammed with Ordinals transactions intentionally, or whales are simply living up the NFT craze. This won't stop unless Ordinals transactions are rejected on the Blockchain. But that would introduce censorship on the network, making BTC no different than an ordinary payment processor. Miners will be the ones that will ultimately benefit from the high fees, as that means more money in their pockets. We should all start paying lower fees so miners would have no choice but to give priority to our transactions.

I don't get why Ordinals original developer didn't built his project using a sidechain or the LN in the first place. He would've known BTC doesn't have enough on-chain capacity to support high demand for NFTs. This may've been done in bad faith to destroy Bitcoin in the long run. Let's see how Bitcoin Core developers and the community will react as fees continue to rise like there's no tomorrow. Just my thoughts

The difference is that none of these features have been endorsed by Bitcoin protocol developers, just like Omni/RGB/Taro/Lightning Network weren't endorsed by them either, which would've meant that they were willing to integrate these features alongside the protocol designing specifications.

I mean, I thought Ordinals were cool, but this: https://brc-20.io/ list of "inscribed" stuff is garbage, and it looks like some exchange listings for a bunch of shitcoins rather than any NFTs. In fact there aren't any pictures at all. Where there used to be real "Pepe" inscriptions, there are now "1000 claims for $PEPE ordinal"-style JSON data. There isn't even any technical whitepaper for the standard and the "design" exists solely in vague tweets.