Bitcoin Fees Normalize After Runes’ Rapid Rise and Fall
Bitcoin transaction fees normalized after a surge in activity related to Runes, a new blockchain project.
Runes’ on-chain activity and Bitcoin transaction fees dropped more than 97% in two weeks.
The hype around Runes led to a significant increase in transaction fees, followed by a rapid decline.
This phenomenon provides insights into the volatile nature of the cryptocurrency market.
Bitcoin remains resilient and adaptable to...
