Runes make up 68% of all Bitcoin transactions since launch

Runes continues to make up the vast majority of Bitcoin transactions, however the fees earned by Bitcoin miners from Runes has slightly tailed off since the record-setting halving day.

Runes — a new token standard on Bitcoin — 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 Bitcoin peer-to-peer transactions, BRC-20s, Ordinals and Runes were included in the total transaction count.

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