Runes, a new token standard, has dominated the Bitcoin network, accounting for a significant portion of transactions since its launch on April 20. The surge in Runes transactions has pushed Bitcoin transaction fees to high levels, generating substantial revenue. Marketplaces with high volume and multiple Runes with over $100M market cap have emerged.
The debut of Runes stirred controversy with high fees and poor initial returns, but supporters say the tokens upgrade the #Bitcoin network. Via @CointelegraphZN https://t.co/NVNeeLIdZ7
According to glassnode, Runes transactions have generated a cumulative $117 million in Bitcoin network fee revenue after the halving, of which $62.4 million was reached on the day of the halving. That number faded quickly, with Runes bringing in just $1.03 million in fees on… https://t.co/eoOC8doMhu
Runes has accounted for more than 2/3 of transactions on the network since the Bitcoin halving: - Marketplaces with $10M+ in volume - 3+ Runes With $100M+ Market Cap - Over 10,000 Transactions - $904M+ Total Market Cap - $9M+ 24H Volume - 21,694 24H Total Sales
Runes has accounted for more than 2/3 of transactions on Bitcoins network since the Bitcoin halving: - Marketplaces with $10M+ in volume - 3+ $100M+ MC - Over 10,000 Transactions - $904M+ Total Market Cap - $9M+ 24H Volume - 21,694 24H Total Sales
Runes has accounted for more than 2/3 of transactions on Bitcoins network since the Bitcoin halving with: - Tier 1 CEX listing - Marketplaces with $10M+ in volume - 3+ $100M+ MC - Over 10,000 Transactions - $904M+ Total Market Cap - $9M+ 24H Volume - 21,694 24H Total Sales
Runes has accounted for more than 2/3 of transactions on Bitcoins network since the Bitcoin halving Runes Has: - Tier 1 CEX listing for a Rune - Marketplaces with $10M+ in volume - 3+ $100M+ Market Cap - Over 10,000 Transactions - $904M+ Total Market Cap - $9M+ 24H Volume -…
Runes has accounted for more than 2/3 of transactions on Bitcoins network since the Bitcoin halving Runes Had: - Marketplaces with $10M+ in volume - 3+ $100M+ Market Cap Runes - Over 10,000 Transactions - $904M+ Total Market Cap - $9M+ 24H Volume - 21,694 24H Total Sales
Runes has accounted for more than two-thirds of transactions since the Bitcoin halving H/T Binance Research
Bitcoin Halving and Runes Launch Recap🧠 📈 Runes over-hyped? 😬 Bitcoin Halving priced in? 🎯 Is it over, or are we so back? With guests @nayverfayver, @nft4dummies, @BitcoinBugsy, @Theordinalist, @HipHopRunes, and @theerealTdiddy 🙏👊 Full podcast 🎧⤵️… https://t.co/Gf5n56pp9s
#Runes rocked the #Bitcoin network, pushing transaction fees to a whopping 75.44% of mining revenue on halving day! But can this surge last? 📈💰Dive into our analysis to see the future of #BitcoinMining profits post-hype: https://t.co/9DKuY1bauT https://t.co/HSfwdU85Tp
#Runes rocked the #Bitcoin network, pushing transaction fees to a whopping 75.44% of mining revenue on halving day! But can this surge last? 📈💰Dive into our analysis to see the future of #BitcoinMining profits post-hype. 👉 https://t.co/9DKuY1bauT https://t.co/co9uZd1hgF
🟧 Love to se my Runes artwork mentioned at this Bitcoin lecture Thanks @IvanaOnTheBlock for sharing! Art Is The Ticker 🎨 https://t.co/O9WBGNYbW5
learn more about bitcoin runes from @decryptmedia and trade them on @cubexch https://t.co/UbBdQSMtRw
On Tuesday, the number of transactions on the Bitcoin network reached 927,000, surpassing the previous record of 724,000 set in December 2023. This surge is attributed to the recent launch of #Runes, a new technology or feature in the Bitcoin ecosystem, which has evidently…
🔥 Runes have taken a dominant share in Bitcoin transactions. On April 24, the share of tokens on the Runes protocol in the total number of daily transactions on the Bitcoin blockchain reached 51.5%. Traditional $BTC transactions accounted for 46.9%. 👀 The excitement around… https://t.co/Lx92VqvESR
Some great Bitcoin Runes alpha by @jakegallen_ 🔥🔥🔥 https://t.co/eOvxwLIoxk
Runes accounted for 72.7% of all #bitcoin transactions 👀💰 Have you used #Runes yet? ⬇️⬇️⬇️ https://t.co/hGN51vC80H https://t.co/BaPNjWi5Ra
How to Get Started With Bitcoin Runes: A Guide to Etching, Minting and Trading ► https://t.co/bb5X6GjPLv https://t.co/bb5X6GjPLv
RUNES DOMINATED BITCOIN NETWORK WITH 68% TRANSACTIONS POST-LAUNCH - The new token standard, Runes, has accounted for a staggering 68% of all #Bitcoin transactions since its launch on April 20, following the Bitcoin network's halving event. - This data comes from a Dune… https://t.co/eDL2GWBQ7m https://t.co/vedfchG1T2