The Bitcoin Runes protocol, which had a daily transaction count of over 750,000 on April 23, now struggled to reach 100,000 in December.
Transactions on the Runes protocol on the Bitcoin network experienced a significant drop in December, falling well below the highs reached during its more dominant months earlier in 2024.
Since the Runes launch, the protocol consistently had the highest bandwidth on the Bitcoin network. On April 23, Runes had over 753,000 transactions, eclipsing the Ordinals protocol, BRC-20s and Bitcoin (BTC). The record accounts for more than 81% of all transactions in the Bitcoin blockchain.
Number of transactions in the Bitcoin Runes protocol. Source: Dune
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