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CryptoIntelligence 2024-05-05 22:44:39

Bitcoin Network Sets Record with Over 1.6 Million Transactions in a Day

On April 23, the Bitcoin network achieved a new record with the highest number of confirmed daily transactions, just three days after entering a new halving cycle that started on April 20. This surge brought the total to over 1.6 million unique transactions processed between various senders and receivers. Data comparisons from sources such as Blockchain.com and Glassnode have linked the spike in transactions to the launch of Bitcoin Runes. This new offering serves as an alternative to the existing Bitcoin Ordinals and the BRC-20 protocol on the Bitcoin blockchain, capturing a significant portion of the daily transaction volume. Notably,

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