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After the halving, Runes has generated a total of $117 million in fee income on the Bitcoin chain

After the halving, Runes has generated a total of $117 million in fee income on the Bitcoin chain

Cointime2024/04/29 12:07
By: Cointime
BTC+0.61%

According to Glassnode data, since the halving, Runes trading has generated a cumulative $117 million in Bitcoin network fee revenue, with fees from Runes transactions reaching $62.4 million on the day of the halving. However, over time, Bitcoin fee revenue has clearly declined, with Runes transaction fees reaching $1.03 million on April 28.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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