Runes protocol sees significant decline in activity
Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last 12 days.
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Despite generating hundreds of thousands of dollars in daily fees, Runes has only surpassed $1 million in total fees twice in the last 12 days.
High transaction fees and network congestion from the Runes protocol are increasing demand for Bitcoin layer-2 solutions.
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards.
The Bitcoin network surpassed 926,000 daily transactions, driven by a growing interest in Runes.
Bitcoin transaction feese initially faced a short-term surge post-halving, but the network's transaction fees have now stabilized.
The post Bitcoin transaction fees stabilize after fourth halving appeared first on Crypto Briefing.
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