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8000+ Runes Etch Created on Bitcoin; 1.4M Transactions: Report

Published 04/23/2024, 08:20 PM
Updated 04/23/2024, 09:45 PM
© Reuters.  8000+ Runes Etch Created on Bitcoin; 1.4M Transactions: Report
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  • More than 8000 Runes etch have been created on Bitcoin since the 4th Bitcoin halving.
  • Since the halving event, a total of 1.4 million Runes-related transactions have been reported.
  • RSIC•GENESIS•RUNE is the Runes with the highest number of holders, with more than 21,000 addresses.

Recent updates revealed that more than 8,000 Runes etch have been created on Bitcoin since the fourth Bitcoin halving. As per Chinese crypto researcher Colin Wu’s post on his Wu Blockchain page on X, 1.4 million Runes-related transactions have been reported since then.

Wu stated that the Runes with the highest number of holders is reportedly RSIC•GENESIS•RUNE, boasting more than 21,000 addresses. It is noteworthy that the number of Runes transactions on Bitcoin accounts for 40%-70% of the total number of transactions on the network after halving.

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