🚨Bitcoin Network Activity Drops 55% to 12-Month Lows
Bitcoin's 7-day transaction average has fallen to 330,000, down 55% from its peak. Speculative activity has shifted to Solana (memecoins) and Base (AI tokens), while Runes and Ordinals now make up just 1% of transactions, with fee revenue plunging to $20K from $60M. The network is reverting to monetary transfers, raising concerns about long-term fee sustainability.
BTC
71,846.21
+1.97%
SOL
88.59
+2.08%
BNB
663.16
+1.91%
#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #AIandStablecoins #BinanceAlphaAlert #BNBChainMeme