Summary
- Messari analyst AJC said activity on the Bitcoin network has sharply declined.
- Bitcoin has reached an all-time high this year, but the network is at 'ghost town' levels, he analyzed.
- Current daily fee revenue of the Bitcoin network averages $500,000, the lowest since the emergence of Runes and Ordinals.
Activity within the Bitcoin (BTC) network has sharply declined.
On the 14th (local time), Messari analyst AJC said via X (formerly Twitter), "Bitcoin, despite reaching an all-time high this year, is effectively a ghost town with virtually nobody on the network."
AJC said, "The Bitcoin network's current daily fee revenue is only about $500,000 on average," adding, "this is the lowest since the emergence of Runes and Ordinals."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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