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[Golden Finance Express] Since its launch on April 20, the Bitcoin Rune Protocol has dominated Bitcoin blockchain traffic on 8 different days, especially on weekends. At the beginning of its release, the launch of the Rune Protocol triggered a hype craze, which led to a significant increase in transaction volume on the Bitcoin blockchain and Bitcoin mining revenue exceeded the $100 million mark for the first time. However, by May 2, the transaction share of the Rune Protocol had dropped to 11.1%. Despite this, as of May 22, the Rune Protocol still accounted for 12.7% of Bitcoin transactions, far higher than Bitcoin Ordinals (0.7%) and BRC-20 (1.5%). The Rune Protocol is part of Bitcoin Decentralized Finance (DeFi), or BTCFi, which aims to add more utility to the Bitcoin network.

[Golden Finance Express] Since its launch on April 20, the Bitcoin Rune Protocol has dominated Bitcoin blockchain traffic on 8 different days, especially on weekends. At the beginning of its release, the launch of the Rune Protocol triggered a hype craze, which led to a significant increase in transaction volume on the Bitcoin blockchain and Bitcoin mining revenue exceeded the $100 million mark for the first time. However, by May 2, the transaction share of the Rune Protocol had dropped to 11.1%. Despite this, as of May 22, the Rune Protocol still accounted for 12.7% of Bitcoin transactions, far higher than Bitcoin Ordinals (0.7%) and BRC-20 (1.5%). The Rune Protocol is part of Bitcoin Decentralized Finance (DeFi), or BTCFi, which aims to add more utility to the Bitcoin network.

Disclaimer: Includes thrid-party opinions. No financial advice. May include sponsored content. See T&Cs.
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