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CryptoQuant: Transactions of less than 0.01 BTC now account for 80% of the total, hitting a recent high
Svmuu News: Julio Moreno, Head of Research at CryptoQuant, stated that transactions of less than 0.01 BTC currently account for approximately 80% of the total daily transaction volume on the Bitcoin network, a significant increase from the approximately 44% recorded in 2023. Moreno noted that this growth is primarily driven by OP_RETURN-based on-chain data protocols such as Runes, Ordinals, BRC-20, and data timestamping services.These protocols generate a large volume of micropayments, with some transactions as small as 546 satoshis (approximately $0.35), driving a steady increase in the number of low-value transfers. Additionally, the Bitcoin’s network activity index has been rising steadily since January of this year and has now reached its highest level since the end of 2024. (The Block)
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