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THORChain has experienced significant activity in recent months, with more than $3 billion in swap volume in a single week in March and over $30 billion cumulatively this year. The platform has raised fees and is processing large streaming swaps, including two transactions exceeding $4 million. This has contributed to the strength of the $RUNE token. Meanwhile, Bitcoin Runes, a separate entity, has seen 15.6 million NFT transactions and generated $162.4 million in fees over four months, occupying 81.3% of Bitcoin's network bandwidth on a single day.
Two >$4,000,000 streaming swaps are currently being processed by @THORChain. With the raised fees, these swaps are absolute money printers for nodes and LPs. No wonder $RUNE is acting so strong now. This PA is something you should get used to.
RUNES RALLY: 15.6M TRANSACTIONS & $162M IN FEES — BUT IS IT SUSTAINABLE? Bitcoin Runes is making waves with 15.6 million NFT transactions and $162.4 million in fees in just four months. Impressive? Absolutely. But with Runes hogging 81.3% of BTC’s bandwidth in a single day,… https://t.co/uI2Q4pTe6n
NFT MADNESS: BITCOIN RUNES ARE GOING WILD. Bitcoin Runes is on a tear - 15.6M transactions, $162.4M in fees, all in just four months. That's some straight-up degenerate energy, hogging 81.3% of BTC’s network on a single day. Runes are showing no signs of slowing down, and… https://t.co/50SAh2bQPW
