"Bitcoin Runes struggles with high transaction volume. Since launch on April 20, Runes trading has dominated Bitcoin blockchain traffic for 8 days, mainly on weekends. 🚀

Transactions involving the Runes protocol accounted for more than 50% of all Bitcoin transactions through April 24. However, on May 2, this number dropped to 11.1%.

Runes is part of a broader movement known as Bitcoin decentralized finance (DeFi), or BTCFi, that aims to add usefulness to the Bitcoin network.

As of May 22, Runes accounted for 12.7% of Bitcoin transactions, much higher than Bitcoin Ordinals (0.7%) and BRC-20 (1.5%). The rest belongs to BTC.

Let's discuss the potential of Runes in the future!#Bitcoin#Runes #DeFi"