Alkanes Asian Market Drove 61% of Bitcoin Transactions for 90 Days, SUBFROST Data Shows

📌 The Rundown:
• Alkanes, a major Asian market, accounted for 61.1% of all Bitcoin transactions over a 90‑day period (June 23 – Sept. 20), totaling roughly 59.9 million txs across blocks 954,917–967,918.
• This concentration signals a shift in transaction flow toward a single regional hub, raising questions about network decentralization, fee dynamics, and potential regulatory scrutiny.

🎯 Strategic Outlook:
The sustained dominance of Alkanes suggests a short‑term consolidation of Bitcoin usage in Asia, but the underlying network remains resilient. Over the long term, diversified adoption across emerging economies will likely restore broader decentralization and drive new protocol innovations.

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