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2024-07-01 02:09:30

Bitcoin News on Nostr: Runes TXs on Bitcoin tank over 88% in June. Bitcoin miners have earned less than 2 ...

Runes TXs on Bitcoin tank over 88% in June. Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the past six days, a significant decrease from the record high of 884 Bitcoin on April 24.Runes, a new token standard on the Bitcoin blockchain, has seen its daily average transaction count plummet over 88% from its highest point in June. According to Dune Analytics data from Crypto Koryo, the average daily Runes transactions from June 22–28 was 37,820, reflecting a nearly 90% drop from the 331,040 daily average recorded between June 9–15.It includes 23,238 transactions made on June 24 — the lowest since the protocol launched at Bitcoin’s fourth halving event on April 20.

*Daily Runes transactions since the protocol launched on April 20. Source: Dune Analytics*
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