Ordinals (ORDI), the first token to operate on Bitcoin’s Ordinals protocol, has garnered significant attention within the cryptocurrency space, especially after its remarkable achievement of becoming the first BRC-20 token to surpass a $1 billion market capitalization in late 2023. With a capped supply of 21 million coins, similar to Bitcoin, the project’s future price potential has led many to speculate on its trajectory. ORDI, currently trading at $9.86, has experienced significant volatility, peaking at $96.17 in March 2024 and dipping to as low as $2.86 in September 2023. These price fluctuations illustrate both the potential and risks associated with investing in Ordinals.

Current Market Overview

As of March 23, 2025, ORDI’s market capitalization stands at $207.05 million, with a trading volume of $66.65 million. Despite its volatility, ORDI continues to attract attention from both retail and institutional investors. The coin’s market behavior can be largely attributed to its innovative nature and its position as the first token inscribed on the Ordinals protocol, which allows data to be embedded directly on Bitcoin’s smallest unit—the Satoshi. As the market adjusts, ORDI’s price has faced downward pressure, and many traders are now focusing on whether it will recover or enter another bull phase.

Technical Analysis: Bearish Sentiment Prevails

Technical indicators for ORDI suggest a bearish market in the short term. The 50-day simple moving average (SMA) is $12.04, and the 200-day SMA is $27.24, both signaling that the market sentiment is leaning towards “sell.” The Moving Average Convergence Divergence (MACD) indicator is also below zero, reinforcing the bearish outlook. Moreover, the Relative Strength Index (RSI) is neutral, indicating that there is no strong momentum in either direction. The William Alligator indicator, which tracks market trends, suggests little volatility, signaling that the market is currently in a dormant phase.

Despite this bearish sentiment, there is a chance that ORDI may recover in the coming months, as the broader cryptocurrency market begins to show signs of stabilization after a significant bear run. The volatility of the market, combined with renewed trading activity, could set the stage for a potential rebound.

ORDI Price Prediction: 2025 to 2031

Looking ahead, Ordinals (ORDI) is expected to experience significant price movement between 2025 and 2031. For 2025, ORDI’s price is predicted to range between $8.96 and $29.81, with an average price of around $15.54. This year could see the token recover from its recent downtrend and capitalize on the growing adoption of the Ordinals protocol in decentralized finance (DeFi).

In 2026, ORDI could rise further, trading between $24.67 and $40.82, with an average price of $35.65. This growth would reflect an expanding DeFi ecosystem, supported by increased demand for tokens inscribed on the Ordinals protocol. By 2027, the price is expected to reach between $50.88 and $59.50, averaging around $52.31, driven by wider recognition and adoption.

As the years progress, the price of ORDI could continue to rise. In 2028, it is expected to trade between $74.87 and $89.71, with an average of $77.48. By 2029, the price could reach between $108.38 and $130.84, with an average of $111.48. The price surge would reflect the increasing utility of Ordinals and the token’s role in the broader cryptocurrency ecosystem.

By 2030, ORDI could see a price range between $154.84 and $186.05, with an average of $160.42. This substantial increase could come as the Ordinals protocol gains more institutional support and adoption. In 2031, ORDI may reach a high of $273.59, with a potential low of $231.22, and an average price of $237.64, continuing its growth as the Ordinals protocol matures.

Is ORDI a Good Investment?

ORDI holds significant potential, particularly due to its first-mover advantage and its fixed supply, which mirrors Bitcoin’s scarcity model. As the Ordinals protocol evolves and its use cases expand, ORDI’s value could increase over time. However, it’s important to note that, like all cryptocurrencies, it remains susceptible to market fluctuations and regulatory uncertainties. Investors should be cautious and conduct thorough research before committing to long-term investments in ORDI.

Conclusion

Ordinals (ORDI) presents a promising future with its capped supply and role in the Ordinals protocol. While the token has faced recent market challenges, its potential for growth remains strong. The predicted price trajectory from 2025 to 2031 indicates that ORDI could see significant gains, making it an intriguing asset for those looking to invest in the evolving DeFi and blockchain space. However, as with any investment, investors should approach with caution and remain informed about market conditions.