I will zap you bunch of sats if you ELI5 why the mempool is clearing all of a sudden.
Discussion
Bitcoin transactions cost money to perform because blockspace is finite and scarce. Unless its the Fed that are generating inscriptions, those who are might be running out of money or moving on to the next “web3” thing.

But seriously, I think it was more ordinals, and once they are done it clears up quickly.
Don't listen to me, I'm highly regarded.
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