Possibly influenced by the Bitcoin Thunderbolt, Bitcoin transaction fees soar by 12 times

April 24 news, chain data shows that in the past 12 hours, the average transaction fee on the Bitcoin mainnet has surged from about 2 sats/vByte to 25 sats/vByte, with a short-term peak once reaching 120 sats/vByte. On-chain monitoring has found that a large number of P2SH UTXO Bundling transactions are being initiated, attributed to the Bitcoin Thunderbolt “Boostpad” limited-time airdrop event and Alkanes inscription release that went live last night, causing a significant increase in miner fee bidding. Previously, on April 15, HSBC's official press release first disclosed that Bitcoin Thunderbolt introduced UTXO Bundling and OP_CAT instructions through a mainnet soft fork, supporting on-chain native asset issuance, transaction acceleration, and smart verification. The network's tested efficiency is improved by 100–200 times compared to the original chain.