Bitcoin Adoption Soars, Network Fees Skyrocket As BRC-20 Tokens Take Over Leading Blockchain

Bitcoin Adoption Soars, Network Fees Skyrocket As BRC-20 Tokens Take Over Leading Blockchain


The Daily Hodl
2023-05-08 18:41:10

Blockchain analytics firm Glassnode says that Bitcoin (BTC) adoption is exploding after the introduction of BRC-20 tokens, the leading cryptocurrency’s new experimental token standard. Glassnode says that Bitcoin’s recent demand leap for blockspace has resulted in a revenue increase for miners despite BTC being down 3.68% in the last 24 hours, trading for $27,874 at time of The post Bitcoin Adoption Soars, Network Fees Skyrocket As BRC-20 Tokens Take Over Leading Blockchain appeared first on The Daily Hodl .