Bitcoin's "Era V" began on April 20 with the fourth successful reduction in the supply of new bitcoins. From that moment on, the Runes protocol was launched, allowing the creation of meme coins on Bitcoin, which led to an increase in trading activity and an increase in the average transaction cost on Bitcoin to $70. Experts suggest that in "Era V", leading to the next halving in 2028, Bitcoin's second layers, such as the Lightning Network, will finally begin to be actively used.