CryptoQuant: Transactions of less than 0.01 BTC now account for 80% of the total, hitting a recent high
Svmuu News: Julio Moreno, Head of Research at CryptoQuant, stated that transactions of less than 0.01 BTC currently account for approximately 80% of the total daily transaction volume on the Bitcoin network, a significant increase from the approximately 44% recorded in 2023. Moreno noted that this growth is primarily driven by OP_RETURN-based on-chain data protocols such as Runes, Ordinals, BRC-20, and data timestamping services.These protocols generate a large volume of micropayments, with some transactions as small as 546 satoshis (approximately $0.35), driving a steady increase in the number of low-value transfers. Additionally, the Bitcoin’s network activity index has been rising steadily since January of this year and has now reached its highest level since the end of 2024. (The Block)
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Source:Odaily · Source Link
Disclaimer: This content reflects only the author’s personal views and does not constitute any investment or financial advice. If you discover any content that violates regulations,Click to Report
24H Trending
-
1
Aethir (ATH) Token Value Analysis: Decentralized Cloud Computing Project Potential and Risk Assessment
-
2
What is WKAI? Wrapped KardiaChain (WKAI) Project Analysis and Risk Warning
-
3
HYN (Hyperion) Analysis: Decentralized Map Project Status and Market Activity Review
-
4
Bitcoin rises above $77,000, bucking tech selloff driven by AI safety concerns and rising oil prices
-
5
NOAH Coin Analysis: Distinguishing Between Controversial Projects and Active Payment Infrastructure
-
6
RIKEN Coin Value Analysis: Numerous Projects Share the Same Name, What's Its Investment Potential?
-
7
FXBK Coin Analysis: What Is It? Is It Worth Investing In?
-
8
Guyana's President: Oil Revenue Surges Due to Iran Conflict
-
9
Cosco Shipping Heavy Industry Completes China IPO Guidance Registration
-
10
Beginner's Guide to Bitcoin Trading: A Comprehensive Analysis of Security Risks and Prevention Strategies
Markets Today
Recommended Reading









