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Bitcoin Network Activity Hits 2024 High Levels: CryptoQuant

Bitcoin network activity has surged to its highest level since 2024, with daily transactions topping 800,000, but CryptoQuant says the increase is being driven largely by low-value protocol activity such as Ordinals, Runes and BRC-20 transactions rather than economic demand.

Raccontata dadecrypt.cobitcoinmagazine.com

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AI · summaries
bitcoinmagazine.comStai leggendo14 h fa

Bitcoin Network Activity Hits 2024 High Levels: CryptoQuant

Bitcoin network activity hit 2024 highs (800k tx/day), but 80% from low-value protocols (Ordinals, BRC-20), not demand. Mempool congestion risks fee spikes; Bitcoin -17% in 30 days shows volume decouples from economic fundamentals.

originale
decrypt.co2 g fa

Bitcoin Network Activity Is Rising as BTC Falls Nearly 50% Below Peak Price: CryptoQuant - Decrypt

Bitcoin network activity hit late-2024 peaks as BTC fell 17% in 30 days; 80% of transactions are now micro-payments below 0.01 BTC. Protocol-driven surge in NFT minting and timestamping via OP_RETURN signals ecosystem maturation toward infrastructure utility over speculation.

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Timeline cronologica

  1. sabato 20 giugno 2026·decrypt.co

    Bitcoin Network Activity Is Rising as BTC Falls Nearly 50% Below Peak Price: CryptoQuant - Decrypt

    Activity on the Bitcoin network is surging, CryptoQuant said, but it's not correlating with price movement for its native asset.

  2. lunedì 22 giugno 2026·bitcoinmagazine.com

    Bitcoin Network Activity Hits 2024 High Levels: CryptoQuant

    Bitcoin network activity has surged to its highest level since 2024, with daily transactions topping 800,000, but CryptoQuant says the increase is being driven largely by…

originale