BitcoinBitcoin's Runes Protocol Encounters Challenges in Maintaining Momentum

Bitcoin’s Runes Protocol Encounters Challenges in Maintaining Momentum

Date:

The highly anticipated Bitcoin Runes protocol, which promised to revolutionize transactions by making them faster and more affordable, has experienced a notable decline in both user activity and fee earnings since its launch following Bitcoin’s fourth halving event. Although it started off with a bang, generating over 85,000 token issuances and $3 million in fees in just 10 days, recent statistics show a significant slowdown in its performance.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Hot News

Related
Related

Story Protocol Experiences a 13% Decline as Death Cross Indicates Prolonged Bearish Trend

Story Protocol (IP) plunges 13% intraday to $3.047, showing extreme bearish momentum with technical...

DTCC Includes VanEck’s Spot SOL ETF in the “Active & Pre-Launch” List

VanEck’s spot Solana ETF (VSOL) is now on DTCC’s “active and pre-launch” list, hinting it co...

Three Meme Coins Savvy Investors Are Acquiring During the Market Dip

Markets swing up and down, but each dip gives folks a chance to separate the panicked sellers from t...

Tinder for Startup Concepts — idea-L® Transforms Discord into a Founder-Matching Platform

idea-L® Unveils ‘idea-L® Tinder’ on Discord idea-L®, the artificial intelligence (AI)-powe...