Who reigns supreme? – Runes vs. BRC-20 tokens

exchange681 week ago

0 0 2 minutes read

As Bitcoin transaction fees plummet post-halving, data reveals a fascinating shift in the crypto landscape. Runes, which once surged to over 750,000 transactions, have now settled to about 30,000. What’s even more intriguing is the recent data spotlighting a dramatic shift: Runes now account for merely 5% of Bitcoin transactions, a stark drop from 60% just two weeks ago! Despite the decline, Runes have continued to dominate BRC-20 tokens, which faced an unexpected downturn. So, what could this sharp decline indicate about the future of Runes and BRC-20 tokens when market conditions improve?…

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