Since the launch of the Runes protocol on April 20, 2024, there has been a significant surge in transactions, with Runes-related transactions now accounting for 66% of total daily transactions. Decentralized has introduced 'UNTITLED,' the first Ordinals collection to be minted via Runes, in collaboration with Magic Eden. This marks a pioneering use case for Runes, using a fungible to mint a non-fungible collection. The collaboration has led to a 13% increase in Decentralized's value. Additionally, the RuneMine Bridge has gone mainnet, allowing $ELSA, the first Rune, to bridge to Solana, enhancing interoperability.
If you could mix runes, @pumpdotfun, and a Solana bridge, that may be a nice memecoin melting pot for degens. ◆ Free and fair mint on Runes ◆ LP lock on PumpFun ◆ High TPS on Solana This would prevent the insider cabal from sniping 20% off the get go and ulteriorly get a…
Runes infrastructure improving by the day. Solana bridge is open for business. https://t.co/6S8qTKDWNQ
One major beauty of Runes (& Ordinals for that matter) is helping BTC sustainability thru tx fees Moving liquidity away from BTC feels counterproductive SOL liquidity for PUPS hasn’t helped it & what’s the point of launching a rune then bridging rather than just launch on SOL?