The ORDI token is involved in the DeFi Bitcoin narrative through the Ordinals protocol and the BRC-20 standard.
Soon, the new standard known as RUNES will enter the scene.
With all of this aligned with the Bitcoin halving, I believe there is a good potential for the narrative around the price of the ORDI token to intensify again.
All 21,000,000 ORDIs are in circulation. A market capitalization above $50 billion is needed for gains to approach the previous movement.