- Bitcoin users have paid $7.47 Million in gas charges in the past 24 hours.
- On April 20, the Runes update and halving are scheduled to be live.
- The trading of Bitcoin NFT (BRC-20) and BRC-20 is increasing as we approach Saturday.
According to data collected by CryptofeesA data analytics website.
The users of Ethereum paid $7.31 millions in fees for transactions, while Bitcoin received $7.47. Bitcoin generated the highest fees in 2024 on this day.
Bitcoin enthusiasts are driving the increase in Bitcoin fees. Halfing Upgrade to Runes.
Ethereum activity stemming DeFi protocols Ethereum fees are usually higher than Bitcoin. When compared to Bitcoin, Ethereum fees are usually higher. seven-day average Ethereum fees are $8.5m, while Bitcoins’s is $7.5m.
Bitcoin’s halving will take place on Saturday. Every four years, halvings occur. The reward for creating a Bitcoin block will be reduced by half, from 6,25 Bitcoin to 3,125 Bitcoin.
Runes is expected to be upgraded on Saturday. The upgrade is intended to improve trading. NFTs You can also find out more about the following: tokens Bitcoin Blockchain more efficient.
Bitcoin NFTs dominate the market as the anticipation of this upgrade is driving the majority of activity. Volume and Users Comparing blockchains
Magic Eden is a NFT market that had 37 Million Dollars Volume in the past 24 hours. Bitcoin accounted for approximately 67% or $25 Million of this activity. This was more than Blur or OpenSea combined, the two most popular NFT markets.
Bitcoin NFT is the most active collection. RunestonesIn the past 24 hours, this collection has generated $9.6 millions. By comparison, the two largest Ethereum collections, Bored Ape and Pudgy Penguins, recorded volume of $3.7 and $3.4 millions, respectively.
Runestone owners can expect to receive a Runes upgrade after the Runes upgrades. airdrops Runes is a memecoin project that has three separate airdrops. First airdrop name, DOGThe release of is anticipated to take place later in the month. Airdrops of the other memecoins should take place. Later in the Year.
![Btc](https://www.dlnews.com/resizer/fMMiCVCdbdDslfcT_WzZhNnSkS0=/1440x0/filters:format(png):quality(70)/cloudfront-eu-central-1.images.arcpublishing.com/dlnews/UEEXPZZF4RB7BBZJEBKK4ATLMA.png)
Tokens for Bitcoin BRC-20sThe activity in the cryptocurrencies is also increasing. Users trading BRC-20s have paid fees of over 18,6 Bitcoins in the past 24 hours.
These tokens include the WZRD From the Bitcoin Wizards OrdinalsThe last 30 days have seen a 12,234% increase in. According to CoinGecko, the total market cap for BRC-20s is more than $2. 5 billion.
Ryan Celaj works as a data reporter at DL News. Have a tip to share? Email him at ryan@dlnews.com.