Bitcoin Runes, a protocol for issuing fungible tokens on the Bitcoin network, has generated over 2,500 Bitcoin (BTC) in transaction fees within two months, showcasing the rise of Bitcoin-native decentralized finance (DeFi). Since its launch during the 2024 Bitcoin halving, Runes has accumulated fees worth $163 million, providing a significant revenue stream for Bitcoin miners post-halving. The dominance of Runes in issuing tokens on the blockchain is evident, with 12.2% of transactions related to Runes, while BRC-20 and Ordinals transactions make up 5% and 0.6%, respectively. This surge in transaction fees not only benefits miners but also highlights the growing interest in Bitcoin-native DeFi. With daily transaction counts surpassing other token standards, Runes continue to outperform in on-chain activity, solidifying their position in the evolving crypto landscape. Read more AI-generated news on: https://app.chaingpt.org/news