Runes continues to make up the vast majority of Bitcoin transactions, however the fees earned by Bitcoin miners from Runes has slightly tailed off since the record-setting halving day.
Discover how Bitcoin transactions are booming! Learn more about this rapid growth in Bitcoin Runes usage.
In the dynamic world of cryptocurrency, the recent Bitcoin halving has sent ripples through the digital landscape, sparking renewed debates on transaction fees and the broader implications for the market. With the emergence of the Runes Protocol, a new player in the crypto realm, the conversation has taken on added complexity and significance.
The popular DOG collection helped Runes claim 81% of all transactions on the Bitcoin network Tuesday, Dune reports.
Bitcoin miners saw a significant increase in earnings due to the Runes protocol. On the halving day, miner revenue soared to a record $107 million despite the 50% reduction in block rewards.
Even Bitget Wallet responds to the growth of the Runes protocol by integrating it into its DApp browser.
Tesla Accepts Dogecoin As Payment, Driving Price Surge
Elon Musk's Tesla now accepts Dogecoin as a payment option on its website for merchandise purchases. The addition of Dogecoin, a favorite among the cr
Ripple CEO Defends XRP And Ethereum As Non-Securities Amid SEC Scrutiny
Ripple CEO Brad Garlinghouse publicly supports Ethereum amidst SEC scrutiny, criticizing Chairman Gary Gensler and highlighting the importance of clea
LayerZero Introduces Self-reporting Mechanism To Combat Sybil Activity.
LayerZero Labs is addressing sybil activity with a self-reporting mechanism, allowing users to confess to airdrop farming in exchange for 15% of their
Cryptocurrency Market Analysis: Trends, Investment Tips, And Caution
Despite recent price troubles, Bitcoin remains resilient with investors still optimistic. While other cryptocurrencies struggle, Bitcoin's market domi
Shiba Inu's Volatile Price And Burn Rate Trend
Shiba Inu continues to show resilience as holders maintain profits amidst price consolidation. Additionally, a surge in burn rates and positive market