The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance.
None of the protocols operating on the Bitcoin network have been able to match the original Bitcoin in terms of the total number of daily transactions for an extended period, according to new data.
Since its launch on April 20, Runes has consistently consumed the highest bandwidth on the Bitcoin network for several days. The protocol accounted for more than 50% of transactions on 13 separate days but has not reached this level in over four weeks.
Amid the fading hype of Runes, Bitcoin (BTC) reclaimed its dominance in terms of bandwidth allocation on the Bitcoin network.
