Oddbean new post about login | logout Runes TXs on Bitcoin tank over 88% in June: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1719757719173-YAKIHONNES3.jpg Runes, a new token standard on the Bitcoin blockchain, has seen its daily average transaction count plummet over 88% from its highest point in June.
the daily average transaction count of Runes, a new token standard on the Bitcoin blockchain, experienced a significant decline of over 88% in June. Data from Dune Analytics shows that the average daily Runes transactions dropped from a high of 331,040 to 37,820 between June 9 and June 22. On June 24, the number of transactions reached its lowest point since the protocol's launch at Bitcoin's fourth halving event on April 20, with 23,238 transactions recorded
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