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.
Runes, a new token standard on the Bitcoin blockchain, has made up more than two-thirds of transactions on Bitcoin since it was launched following the network’s halving event on April 20.
More than 2.38 million Runes transactions have been processed, accounting for 68% of all Bitcoin transactions made since it launched on April 20, according to a Dune Analytics dashboard shared by blockchain research firm Crypto Koryo.
Ordinary peer-to-peer Bitcoin (BTC) transactions, BRC-20s, Ordinals and Runes were included in the total transaction count.