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The Alkanes protocol has accounted for 73.02% of the total transaction volume on the BTC mainnet, supporting the entire BTC mainnet transaction volume! ✅✅✅
❌❌❌ Without Alkanes, the BTC mainnet transaction volume would plunge by more than 70%, and total miners’ total fee revenue would drop by 20%! #Runes will have no trading volume!
1️⃣. #Alkanes share of total BTC transaction volume: 73.02%
2️⃣. #Alkanes share of miners’ total fee pool: 20.66%
3️⃣. Actual share of BTC block space occupied by Alkanes: 47.35%
4️⃣. Share of BTC transactions carrying OP_RETURN attributed to Alkanes: 98.94%
5️⃣. $DIESEL Minted share of all BTC transactions: 72.97%
6️⃣. $DIESEL Daily minting tx count: 171k
7️⃣. In rune #0, #UG minting, $DIESEL ’s share: 100%
8️⃣. Share of OP_RETURN bytes: #Runes (non-Alkanes) vs Alkanes: 0.07% (Runes), 97.3% (Alkanes)
9️⃣. In transactions carrying Runestone, the shares for #Alkanes and Runes (non-Alkanes) respectively: 0.8% (Runes), 99.2% (Alkanes)
🔟. #Alkanes vs other transactions: fee per transaction is 91 sats (Alkanes), 946 sats (other transactions).
Invite you to check and personally verify the data (as of 7.18):
#Bitcoin #Ordinals #Runes #Alkanes #Subfrost #BTCFi #L1 #UG $DIESEL $FIRE $DOG $ORDI