Market Overview – Price, Dominance, and ETF Flows

Institutional Adoption and Corporate Treasury Use

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Bitcoin Layer 2 Growth

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Conclusion

Bitcoin

Stacks

Ordinals

Bitcoin (BTC) logo for Bitcoin ecosystem analysis

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Bitcoin’s ecosystem in September 2025 shows strength on all fronts—price steady near $108K, record ETF inflows fueling adoption, and new layers like Lightning, Stacks, Ordinals, and Runes turning it from digital gold into a full-stack network.

Bitcoin Ecosystem in 2025: Key Insights

Ordinals is an open-source project, developed on GitHub. The project consists of a BIP describing the ordinal scheme, an index that communicates with a Bitcoin Core node to track the location of all satoshis, a wallet that allows making ordinal-aware transactions, a block explorer for interactive exploration of the blockchain, functionality for inscribing satoshis with digital artifacts, and this manual.

Bybit lists ORDI with ORDI/USDT pair at 8:00 AM (UTC).

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	BYDFiAd	ORDI/USDT	$3.77	$88,896.11	0.144%	Recently
1	Binance Futures	ORDIUSDT 50x	$3.76	$13.25 M	21.445%	Recently
2	Bybit (Futures)	ORDIUSDT 75x	$3.76	$8.63 M	13.965%	Recently
3	OKX Futures	ORDI-USDT-SWAP 50x	$3.76	$8.56 M	13.860%	Recently
4	WhiteBIT	ORDI/USDT	$3.77	$6.84 M	11.071%	Recently
5	BVOX (Futures)	ORDI-SWAP-USDT	$3.78	$4.47 M	0.000%	Recently

Ordinals ORDI

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