New daily Runes etched on Bitcoin falls 99% from post-halving peak
Only 157 new Runes were etched on Bitcoin on May 13, which contributed to just $3,835 in transaction fees paid to Bitcoin miners. Go to Source
Transaction Count
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Bitcoin reaches one billion transactions
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence. Go to Source
Runes make up 68% of all Bitcoin transactions since launch
Runes continue to make up the vast majority of Bitcoin transactions; however, the fees earned by Bitcoin miners from Runes have slightly tailed off since the record-setting halving day. Go to Source
Despite Transfers Lingering in the Mempool, Bitcoin’s Daily Transaction Rate Taps All-Time High
Bitcoin is on a roll in 2023, breaking records left and right. For instance, on May 2, at block height 787,895, the cryptocurrency’s hashrate soared to 491 exahash per second (EH/s). Moreover, on April 20, at block height 786,240, the difficulty hit a new high of 48.71 trillion. But that’s not the only thing that’s … Read more
Bitcoin Cash Transactions Intensify, Daily Count Nears BTC, Big Blocks Help Clear Throughput
Just recently, the Bitcoin Cash community has been discussing the large number of transactions the network has been seeing on a daily basis during the last month. Statistics show that bitcoin cash daily transactions have been increasing every day since the last week of 2020. Bitcoin Cash miners have processed upwards of 300,000+ daily transactions … Read more
Ethereum’s Value Transfer Is Now Dominated by Stablecoins
The Ethereum (ETH) blockchain has become home to a number of stablecoins. On January 29, Messari researcher Ryan Watkins explained that the stablecoin value transfer issued on the ETH chain recently flipped the number of native ether transactions. Essentially, Ethereum’s value transfer is now largely made up of stablecoins like tether, pax, and dai. Also … Read more
‘Avoid Biased Calculations’ Says Crypto Researcher After Cherry-Picked Chart Debate
On Friday, crypto analytics site Messari and data analyst Zack Voell shared a controversial chart called “Bitcoin Cash versus Lightning,” which claims to display a comparison of activity for both networks. Voell contended that the Lightning Network was growing at a faster rate than the scaling solution BCH has to offer. The way the chart … Read more
ERC20 Tether Transactions Flip Their Omni Equivalent
Crypto enthusiasts have noticed that the Ethereum blockchain has come awfully close to reaching capacity due to the added transactions stemming from the Tether (USDT) network. The transaction count since mid-August shows the ERC20 version of tether has surpassed the original version that uses BTC. ERC20 tether transactions cost users more than $260,000 in the … Read more
