Bitcoin.com News - Despite early hype, Runes protocol activity and Ordinal inscriptions on Bitcoin have significantly declined since the halving

in blockchain •  8 months ago 

https://news.bitcoin.com/bitcoins-runes-protocol-hype-falls-short-significant-drop-in-activity-and-fees/
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The launch of the Runes protocol on Bitcoin sparked initial excitement, with hopes for significant network impact.

However, activity surrounding Runes and Ordinal inscriptions has fallen sharply since late April.

Despite initial high fees, the number of Runes minted has dwindled, with only minimal activity recorded in the past few weeks.

What do you think?

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