Alkanes drove 61% of Bitcoin transactions over 90 days, SUBFROST says
- —Alkanes generated 61.1% of Bitcoin transactions over 90 days, about 59.9 million operations
- —Data covers blocks 954,917 to 967,918 from June 23 to September 20
- —The protocol writes data directly to Bitcoin's base layer via OP_RETURN
- —A surge in micro-transactions pushed total operation counts near record levels
Why it matters: One protocol dominating transactions raises fees and ties miner revenue to demand from a single region.
Source: CriptoTendencias