Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Rune Protocol’s share of Bitcoin on-chain transactions has dropped sharply to 7.9%

Rune Protocol’s share of Bitcoin on-chain transactions has dropped sharply to 7.9%

CointimeCointime2024/07/18 12:16
By:Cointime

It was reported that since its launch on April 20th, the Rune protocol had accounted for over 50% of the transactions on the Bitcoin network for 13 days, but it did not reach this level again in the following four weeks. As the hype around Rune gradually subsided, BTC regained its dominant position in network bandwidth allocation. Currently, BTC accounts for 90.7% of all transactions on the blockchain. In other Bitcoin protocols, Rune still maintains its dominant position. On July 17th, Rune accounted for 7.9% of all transactions, while BRC-20 and Ordinals accounted for 1.1% and 0.4% respectively.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!