🚨Bitcoin Network Activity Drops 55% to 12-Month Lows
Bitcoin's 7-day transaction average has fallen to 330,000, down 55% from its peak. Speculative activity has shifted to Solana (memecoins) and Base (AI tokens), while Runes and Ordinals now make up just 1% of transactions, with fee revenue plunging to $20K from $60M. The network is reverting to monetary transfers, raising concerns about long-term fee sustainability.
BTC
70,880.6
-1.14%
SOL
82.23
-3.12%
BNB
601.3
-2.57%
#MileiMemeCoinControversy #GeopoliticalImpactOnBTC #AIandStablecoins #BinanceAlphaAlert #BNBChainMeme