Odaily Planet Daily News: The proportion of Runes transactions on the Bitcoin network has dropped to a new low, accounting for only 1.67% of daily transactions, a significant decline from its dominant position earlier this year. This contrasts sharply with the period from April to November, when Runes typically accounted for over 50% of daily Bitcoin transactions. The daily fees for Runes transactions have remained below $250,000, indicating reduced network activity compared to previous periods. The decrease in Runes activity aligns with broader market dynamics and a shift in investor focus: Bitcoin price volatility has shifted attention away from experimental protocols based on Bitcoin, such as Runes and Ordinals, which are often viewed as high-risk applications; other areas like AI agents, meme coins, and Ethereum NFTs have captured market share, potentially leading to a decreased interest in Bitcoin-based token protocols. Data indicates that the Runes ecosystem may be cooling down. The sharp drop in network share from over 50% to below 10% signifies a significant shift in Bitcoin network usage patterns. This decline may reflect a broader market trend where speculative interest has turned to other cryptocurrency sectors. However, as Bitcoin prices stabilize, history suggests that attention may return to ecological projects like Runes and Ordinals. (The Block)

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