COINTURK NEWSCOINTURK NEWSCOINTURK NEWS
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Search
© 2024 COINTURK NEWS. All Rights Reserved.
Reading: Runes Faces Significant Decline as Bitcoin Volatility Grows
Share
Languages
  • TürkçeTürkçe
  • EspañolEspañol
Font ResizerAa
COINTURK NEWSCOINTURK NEWS
Font ResizerAa
Search
  • Real-Time News Feed
  • Bitcoin
  • Altcoin
  • Ethereum
  • Technology News
  • Advertise
  • Contact
  • TURTURTUR
  • ESESES
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
COINTURK NEWS > Bitcoin (BTC) > Runes Faces Significant Decline as Bitcoin Volatility Grows
Bitcoin (BTC)

Runes Faces Significant Decline as Bitcoin Volatility Grows

In Brief

  • Runes transactions have significantly decreased, reflecting broader market trends.

  • Experts link the decline to Bitcoin's price volatility and shifting market interests.

  • Future interest in Runes may rise with Bitcoin's price stabilization.

Ömer Ergin
Ömer Ergin 5 months ago
Share
SHARE

Runes transactions have dropped to only 1.67% of the daily transaction share on the Bitcoin (BTC) $108,850 network, losing its strong position since the beginning of the year. This decline marks a significant regression from the period between April and November when Runes accounted for over 50% of daily Bitcoin transactions. Additionally, the drop in daily Runes transaction fees below $250,000 indicates low network activity compared to previous periods.

Contents
Bitcoin’s Dramatic Price MovementsCooling Trends in the Runes Ecosystem Become More Apparent

Bitcoin’s Dramatic Price Movements

Experts emphasize that the decrease in Runes’ transaction volume parallels broader market dynamics. They argue that the volatility in Bitcoin’s price has diminished interest in experimental Bitcoin-based protocols like Runes and Ordinals.

Such protocols are often viewed as applications with higher risks. At the same time, artificial intelligence agents, memecoins, and Ethereum (ETH) $2,557-based NFTs have attracted market attention. This shift may have weakened interest in Bitcoin-based token protocols.

Cooling Trends in the Runes Ecosystem Become More Apparent

The decline in the Runes ecosystem reveals a significant change in usage patterns within the Bitcoin network. The drop from over 50% transaction share to below 10% indicates a broader market trend.

Bitcoin Runes

Speculative interest might have shifted to other cryptocurrency sectors. However, as Bitcoin’s price stabilizes, interest in these ecosystem projects is expected to rise again, similar to past trends. Therefore, market participants are closely monitoring how projects like Runes and Ordinals will evolve and where they will head in the future.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

You Might Also Like

Bitcoin’s Impact on Corporate Strategies Raises Concerns

Global Markets React Swiftly to Trump’s Tariff Threat

Peter Schiff Highlights Gold’s Dominance Over Bitcoin in Central Bank Reserves

Bitcoin’s Potential Pullback: Will the Golden Cross Trigger a Correction?

Trump’s Maneuvers Shake Markets and Spur Crypto Turbulence

Ömer Ergin 26 December, 2024 - 12:44 pm 26 December, 2024 - 12:44 pm
Share This Article
Facebook Twitter
Share
Previous Article Emin Gün Sirer Highlights AVAX’s Value Potential with Limited Supply
Next Article SHIB and PEPE Lose Their Edge as This Rising Star Creates New Crypto Millionaires – Here’s Why
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Stay Connected

8.1k Like
21.1k Follow
1.1k Follow

Latest News

Bitcoin’s Impact on Corporate Strategies Raises Concerns
Bitcoin (BTC)
Jupiter Launches Innovative Lending Protocol on Solana Blockchain
Solana (SOL)
Cardano Surges as Bullish Patterns Signal Growth
Cardano (ADA)
Global Markets React Swiftly to Trump’s Tariff Threat
Bitcoin (BTC)
//

COINTURK was launched in March 2014 by a group of technology enthusiasts who believe that Bitcoin will be as important as the internet in the world of the future thanks to the amazing technology underlying it.

CRYPTOCURRENCY LIVE PRICES

  • Bitcoin (BTC) Live Price
  • Ethereum (ETH) Live Price
  • Ripple (XRP) Live Price
  • Solana (SOL) Live Price
  • Dogecoin (DOGE) Live Price
  • Cardano (ADA) Live Price
  • Chainlink (LINK) Live Price

OUR PARTNERS

  • COINMARKETCAP
  • COINGECKO
  • BITCOINHABER
  • BH NEWS
  • 21MILYON
  • NEWSLINKER

OUR COMPANY

  • About Us
  • Cookie Policy
  • Advertising
  • Contact
COINTURK NEWSCOINTURK NEWS
Follow US
© 2025 BLOCKCHAIN Information Technologies. >> COINTURK NEWS
Powered by LK SOFTWARE
Welcome Back!

Sign in to your account

Lost your password?