Since the halving in April, the bandwidth usage of Bitcoin's blockchain has exceeded 90% for the first time
Since the halving event in April, the bandwidth usage of Bitcoin's blockchain has exceeded 90% for the first time. The increase in bandwidth usage after halving is mainly attributed to the adoption of new token standards, including Runes and BRC-20. Data from Dune Analytics shows that transaction volumes involving these two token standards have significantly increased, especially on April 23rd, when Runes transactions exceeded 750,000.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Forward Industries lost $56 million in SOL holdings last week
Data: 458 million SUN transferred from SUN.io to Justin Sun, worth approximately $9.6 million
Data: Justin Sun transferred 11.5633 million USDT, worth 11.5633 million USD