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Runes account for 68% of Bitcoin transactions since launch
2024-04-25 05:52
Odaily Planet Daily News: Bitcoin's new token standard Runes has accounted for more than two-thirds of Bitcoin transactions since its launch after the halving event on April 20. Dune data shows that the Bitcoin network has processed more than 2.38 million Runes transactions, accounting for 68% of the total number of Bitcoin transactions since its launch on April 20. The total number of transactions includes ordinary Bitcoin peer-to-peer transactions, BRC-20, Ordinals and Runes transactions. The number of Runes transactions peaked on April 23, with more than 750,000 transactions, but the number of transactions decreased to 312,000 the next day. On the day of the Bitcoin halving, Runes transactions contributed nearly 70% of the miners' fees; since then, the daily share has fluctuated between 33% and 69%. (Cointelegraph)