Bitcoin Runes reclaim dominance over BTC transactions
Runes recovered to account for the lion’s share of transactions on the Bitcoin network.
Bitcoin Runes has regained its top position in the Bitcoin network by surpassing the original Bitcoin, Ordinals and BRC-20 tokens in terms of daily transactions.
The Runes protocol launched on April 20 — coinciding with the fourth Bitcoin halving — to increase efficiency on BRC-20, an experimental standard for fungible tokens on the Bitcoin blockchain.
Data from Dune Analytics shows that Runes-related transactions made up a majority of the transactions on the Bitcoin network until April 24.
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