OP_RETURN is almost at a historic high—this shows everyone is really playing on-chain, not just hoarding coins waiting for a sudden surge.

OP2.97%
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CoinNetwork
CryptoWorld News reports that, according to CryptoQuant, Bitcoin network activity has surged, and the share of small transactions below 0.01 BTC has reached 80%, up from 50% in 2023. This increase is mainly driven by Runes, Ordinals, and Inscriptions. OP_RETURN usage is close to its historical peak, indicating that activity has risen rather than value being the driver.
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