Bitcoin is becoming a yield-generating asset, thanks to new token standards like Runes, which may only be a stepping stone for Bitcoin DeFi.
Category: Bitcoin Runes
Auto Added by WPeMatico
Bitcoin Runes Shows Strong Performance In First Week Since Launch
Bitcoin Runes, the latest addition to the cryptocurrency landscape, has made significant strides since its official launch over a week ago. According to insights from coin98analytics, the platform has seen remarkable growth and activity across various metrics. As of now, there are a total of 52,925 Runes in circulation, with 48,578 currently open for etching. The platform has witnessed a staggering 3.75 million transactions, indicating robust user engagement and adoption. Impressively, the number of total holders has reached 455.5K, reflecting widespread interest in the project. It’s been over a week since Bitcoin #Runes officially launched! Let’s dive into some key
The post Bitcoin Runes Shows Strong Performance In First Week Since Launch appeared first on The Merkle News.
Runes Generate $135M In First Week Amid Record Daily Transactions
Bitcoin’s recent surge to a new all-time high in daily transactions has been accompanied by the remarkable success of its latest innovation, Runes. Since its launch just one week ago, Runes has made waves in the cryptocurrency world, generating an impressive $135 million in network fees. The launch of Runes coincided with a significant milestone for Bitcoin, as the number of daily transactions skyrocketed to 927,000 on Tuesday. This shattered the previous record of 724,000 transactions set back in December 2023, just three days after the 2024 Bitcoin-Halving event. Bitcoin hit a new all-time high in daily transactions! Following the
The post Runes Generate $135M In First Week Amid Record Daily Transactions appeared first on The Merkle News.