November 8, 2024

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Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees

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Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and FeesIt has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes Protocol’s Initial Excitement Dwindles Amid Decreased Activity Before the […]