Bitcoinist
2023-05-08 16:30:32

Bitcoin Taproot Utilization Spikes As Tokens Like PEPE Explode

On-chain data shows that Bitcoin taproot utilization has sharply surged recently as BRC-20 tokens like Pepe Coin have exploded in popularity. Bitcoin Taproot Utilization Has Crossed The 43% Mark Recently As pointed out by Rafael Schultze-Kraft, the co-founder of the on-chain analytics firm Glassnode, Taproot is currently being used in more BTC transactions than ever

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