"Why are fees ripping?" TLDR it's a new metaprotocol that has caught on in China. It's "Alkanes" from @oylwallet, or a kind of "Runes 2.0" with planned programmability (I'm oversimplifying). Regardless of what it is, the hype has caught on in China and degens are rushing to mint various Alkanes things. "Orbitals" are the NFT standard on Alkanes and the current hype mint @OylyOnAlkanes started at block 869,420. 🙏 We welcome our new marginal blockspace buyer overlords 🙏