Odaily News Runes went live on April 20, after Bitcoin’s fourth halving. In the first 10 days, the protocol issued more than 85,000 runes, generating more than $3 million in fees, Dune data shows. However, in the past two weeks, all metrics (including fees, new runes and user activity) have fallen by more than 50%. Since May 1, only about 5,000 new runes have been issued, generating less than $100,000 in fees. At its peak, Runes led transactions and fees in the broader Bitcoin ecosystem, accounting for 80% of all network activity, but now it has fallen back to 20%. (CoinDesk)