Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ETHEREUM NEWS»Bitcoin Loon trading has taken over the network and dominates BRC-20.
ETHEREUM NEWS

Bitcoin Loon trading has taken over the network and dominates BRC-20.

By Crypto FlexsApril 25, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Bitcoin Loon trading has taken over the network and dominates BRC-20.
Share
Facebook Twitter LinkedIn Pinterest Email

If we do the research, you can get alpha!

Get exclusive reports and key insights on airdrops, NFTs, and more! Subscribe to Alpha Reports now and enjoy the game!

Go to Alpha Report

Bitcoin runes dominate Bitcoin blockchain activity, with more than 81% of Tuesday’s transactions being rune etchings, according to a Dune report. Regular Bitcoin transactions accounted for 19% of transactions, with BRC-20 tokens and Ordinals coming in third and fourth with 0.2% and 0.1% respectively.

Breaking News: Runes accounted for 72.7% of all Bitcoin transactions in the last 24 hours.

— Ord.io (@ord_io) April 24, 2024

According to the Dune dashboard, there were 750,428 Runes transactions on Tuesday, followed by 174,475 “Good old BTC” transactions. There were 1,392 BRC-20 transactions, followed by 715 Ordinal transactions.

Rune also accounted for 64% of fees collected on Tuesday at 2,075 BTC, bringing total fees to approximately $133 million.

According to the report, since the launch of the Rune protocol along with the Bitcoin halving, 692,480 users have etched 7,995 runes, with a total of 3.1 million transactions involving runes.

For example, on Wednesday, rune collection DOG·GO·TO·THE·MOON (DOG) airdropped 100 billion runes to eligible wallets, giving it a market capitalization of 336 billion, according to data from Bitcoin rune marketplace Magic Eden. We raised ten thousand dollars.

The novelty of the runes has been a factor in the surge in activity, but so has competition to be one of the first to etch runes, which are believed to command higher prices due to their rarity and age. .

“For reference, uncommon SATs sell for $200 to $500 depending on market changes. The rare totes we have seen can go for up to 3 Bitcoin ($193,242),” Luxor mining pool CEO Nick Hansen previously said. decryption. “But it’s a logarithmic scale.

“We think the epic will most likely reach $4 million to $6 million. This is probably market value,” Hansen continued.

Edited by Ryan Ozawa.

Stay up to date with cryptocurrency news and receive daily updates in your inbox.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bitcoin dives for less than $ 102K in fading momentum and macroscopic uncertainty.

June 6, 2025

Enterprise Ethereum Alliance accelerates strategic vision with new leadership and board promises -Enterprise Ethereum Alliance

June 5, 2025
Add A Comment

Comments are closed.

Recent Posts

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025

Does Ethereum start their business? MorningStar Candlestick Pattern tells the story

June 6, 2025

Solana’s Journey: Promotion of Challenge, Innovation and Speed

June 6, 2025

Ether Leeum’s imminent brake out in major chart patterns

June 6, 2025

Bittensor increases rapidly after 118 subnets in the $ 1,000 TAO price guess.

June 6, 2025

Bitcoin’s $ 100k drop in caught many merchants for many merchants.

June 6, 2025

As the ETF rises, Bitcoin Eye Major Rally -but this can ruin the party.

June 6, 2025

Secure the Treasury in the BNB chain and launch VANECK

June 6, 2025

Use Sunny Mining Cloud Mining to earn $ 12,000 a day

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

2025 Best Free Cloud Mining

June 6, 2025

Sei Development Foundation: Use of US Innovation for Global Block Chain

June 6, 2025

Analyst Michaël Van de Poppe says Bitcoin is getting higher.

June 6, 2025
Most Popular

BTC Price Reaches $58,000, Key Bitcoin Bullish Trendline Reappears

July 9, 2024

Solana: The $110 price prediction is in the spotlight again. Here’s why:

January 30, 2024

BNB’s Struggle; TRON’s Rise – This New Project Is Ready to Redefine Crypto Trading

August 29, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.