Bitcoin #Runes Performance Overview:
- Total Fees Generated: $162.4 million from 15.6 million transactions over four months.
- Peak Activity:
- First two months saw over 300,000 daily transactions.
- Briefly used 81.3% of Bitcoinâs network bandwidth.
- Recent Trends:
- Activity has declined recently.
- Bitcoin has regained approximately 90% of network usage.
- Comparison: Initially outperformed BRC-20 tokens in daily transactions but has seen reduced usage.
Bitcoin Runes demonstrated significant early activity but is now facing a decline as Bitcoinâs network bandwidth usage returns to normal levels.