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Market
Adoption rate of Bitcoin Runes by major exchanges by November 2024
5
Resolution / Starting Odds
Less than 25% of exchanges • 25%
25% to 50% of exchanges • 25%
50% to 75% of exchanges • 25%
More than 75% of exchanges • 25%
Adoption announcements from major cryptocurrency exchanges
Story
Bitcoin Runes Dominates Network Transactions, Surpassing BTC and Ordinals
May 7, 2024, 10:00 PM
Bitcoin Runes, a new protocol on the Bitcoin network, has rapidly gained traction by surpassing BTC, Ordinals, and BRC-20 in daily transactions. As of April 23, Bitcoin Runes accounted for 81.3% of all network transactions, significantly reducing the transaction share of BTC. This shift in transaction dominance comes shortly after the protocol's launch on April 20. The hype surrounding Bitcoin Runes aligns with its strategic timing, launched around the Bitcoin halving event, which historically influences market activity.
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Below 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
Above 60% • 25%
Less than 25% adoption • 25%
25% to 50% adoption • 25%
50% to 75% adoption • 25%
More than 75% adoption • 25%
Below 10% • 25%
10% to 25% • 25%
26% to 50% • 25%
Above 50% • 25%
0-2 major exchanges • 25%
3-5 major exchanges • 25%
6-8 major exchanges • 25%
More than 8 major exchanges • 25%
Less than 10% • 25%
10% to 25% • 25%
25% to 50% • 25%
More than 50% • 25%
Below 40% • 25%
40% - 50% • 25%
51% - 60% • 25%
Above 60% • 25%
Below $2 billion • 33%
$2 billion to $3 billion • 33%
Above $3 billion • 34%
Less than 10% • 33%
10% to 25% • 33%
More than 25% • 33%
Less than 25% • 25%
25% to 50% • 25%
50% to 75% • 25%
More than 75% • 25%
Above 75% • 25%
50% to 75% • 25%
25% to 50% • 25%
Below 25% • 25%
0-10% • 25%
11-20% • 25%
21-30% • 25%
More than 30% • 25%