Microtransactions account for 80% of bitcoin activity

A surge in microtransactions has become the main driver of the increase in bitcoin network activity. The share of transfers worth less than 0.01 BTC rose to about 80% of the daily number of transactions, CryptoQuant reported. For comparison, in 2023 the figure was around 44%. The use of the OP_RETURN code rose to record levels. Researchers linked the trend to the popularity of fungible tokens based on bitcoin , inscriptions […]

Source: CryptoTech