Odaily Planet Daily News Bitcoin Rune Runes protocol faces challenges in maintaining its share of Bitcoin transactions. Since its launch on April 20, Runes transactions have dominated Bitcoin chain traffic for eight days, mainly concentrated on weekends. Runes was launched simultaneously with the fourth Bitcoin halving, triggering a craze that drove a surge in Bitcoin chain transactions and miners' revenue to exceed $100 million for the first time. On April 23, the number of Runes transactions peaked at 81.3%, but fell to 11.1% by May 2. On the weekend of May 4-6, Runes transactions rebounded again, but the overall trend was downward. As of May 22, Runes transactions accounted for 12.7%, far higher than Bitcoin Ordinals (0.7%) and BRC-20 (1.5%). Since its historical high, the number of Runes transactions has fallen by more than 84%. (Cointelegraph)