The First Major Swap? Ordinal Punk Traded for a CryptoPunk With Over $100K Floor Price


The buzz around Ordinals, or as they are commonly referred to as Bitcoin NFTs, continues. What is more, someone has traded their CryptoPunk for one from the Ordinals collection in what seems to be the first swap of this kind.

  • Bitcoin NFTs (inscriptions through the Ordinals protocol on the Bitcoin network) continue to perform and to drive a discussion within the community.
  • One of the most popular collections is that of the Ordinal Punks. It is made of 100 punks with the style of the traditional CryptoPunks collection and is inscribed within the very low inscription numbers on the Ordinals protocol.
  • They’ve received quite a lot of attention through their massive sales, most of which are currently in the region of around $100K.
  • That said, someone has decided to trade their original CryptoPunk for an Ordinal Punk in what seems to be the very swap first of this kind.
  • This is the CryptoPunk in question:
cryptopunk_1
Source: Larva Labs
  • On the other hand, this is the Ordinal Punk that the above was swapped for:
ordinalpunk_1
Source: Ordinals
  • It’s also worth noting that the popular Bitcoin layer-two scaling solution – Stacks Network – saw its native cryptocurrency, STX, soar by a whopping 50% in the past 24 hours as the hype around Ordinals continues.
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