cbspears ◉
cbspears ◉|Jun 30, 2025 18:41
Bitcoin assets (Ordinals, Runes, other fungibles) are down bad yet they still account for 40% of daily transactions. We're seeing ~350,000 Bitcoin transactions per day of which ~150,000 are non-monetary (Runes, BRC-20, Ordinals, & Alkanes) For June we're looking at a total of ~3 million metaprotocol transactions Bitcoin. Against the backdrop of the anti-"spam" movement (Knots nodecount, filteroooors) it is pretty ironic that the vast majority of these transactions are not filtered (they are relayed) by default Knots policy -- Knots relays the majority of these opreturn transactions (specifically Runes + Alkanes) which alone account for ~120k of Bitcoins ~350k daily transactions. (I am pretty sure most users running knots are so far disconnected from what actually happens on Bitcoin that this is news to them) h/t @jin_maa @alkimiya_io for 📊
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