The Bitcoin Runes protocol initially dominated daily transactions post-launch but is now seeing a decline, with BTC reclaiming its network dominance.
Runes made a recovery to account for the lion’s share of transactions over the Bitcoin network.
The possibilities for development on the Bitcoin network are expanding — and the BRC-20 ecosystem's rapidly growing market cap reflects the new opportunities.
Following an outsized rally, ORDI became the first BRC-20 token to breach a $1 billion market capitalization.