Bitcoin Runes Transactions Are Taking Over the Network—And Dominating BRC-20

Bitcoin Runes Transactions Are Taking Over the Network—And Dominating BRC-20

Bitcoin Runes are dominating Bitcoin blockchain activity, with over 81% of transactions on Tuesday being Rune etchings, according to a Dune report. Regular Bitcoin transactions represented 19% of the transactions, meanwhile, with BRC-20 tokens and Ordinals coming in a distance third and fourth at 0.2% and 0.1%, respectively. BREAKING: Runes accounted for 72.7% of all Bitcoin transactions in the past 24 hours According to the Dune dashboard, 750,428 Runes transactions accrued on Tuesday, followed by 174,475 “Good old BTC” transactions. …