The market is eagerly waiting for Bitcoin to break through the $70,000 mark. Amid such optimism, important assets in the Bitcoin ecosystem have all seen an increase. BRC-20's $ORDI has risen by as much as 25% in the past week, and $SATS has risen by as much as 15%. The rune market has also been active, with GIZMO•IMAGINARY•KITTEN reaching a market value of nearly $20 million. Other runes such as KODA•FLUFFINGTON and POOKA•CANNOT•BE•STOPPED have also broken through the $1 million market value. Leading assets in the rune market such as PUPS•WORLD•PEACE and BILLION•DOLLAR•CAT have risen by as much as 9 times since the end of September.
Whether OP_CAT on the Bitcoin mainnet can be revived is of great significance, because it will affect the openness of the Bitcoin ecosystem. If the BIP-347 proposal "OP_CAT in Tapscript" is passed, Bitcoin's consensus will shift from conservative to open.
The rune market needs to undergo more tests. Only after being listed on CEX can the rune truly become FT. There are also rune swap products like Dotswap on the Bitcoin mainnet chain.
In terms of NFT, projects such as NodeMonkes and Bitcoin Puppets have secured their blue-chip status. CENTS is a unique art series on Bitcoin that combines the cultural attributes of Bitcoin.
Whether OP_CAT can be revived in this bull market will determine the direction of the Bitcoin ecosystem. The Bitcoin ecosystem is the only place in the current Crypto market where the "technical narrative" can still run smoothly.