Digital Mining Solutions’ Post

⁉️What do you know about Transaction Fees? 📈Right after the halving, there was a spike in transaction fees. This was driven by the hype surrounding the Runes protocol, which was launched at block 840,000. The Runes fungible token protocol dominated transactions in the first 100 blocks of the new cycle, but inscription spending has been declining ever since. The average transaction fees dropped from $90 at the peak to less than $3. This is great news for those who want to send transactions on the base layer, but not so great for miners. Learn more here: https://lnkd.in/dZptF4Aa

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