Bitcoin Network Activity Hits Highest Level Since 2024: CryptoQuant
Bitcoin Magazine Bitcoin Network Activity Hits Highest Level Since 2024: CryptoQuant Bitcoin network activity has surged to its highest level since 2024, with daily transactions topping 800,000, but CryptoQuant says the increase is being driven largely by low-value protocol activity such as Ordinals, Runes and BRC-20 transactions rather than economic demand.
This post Bitcoin Network Activity Hits Highest Level Since 2024: CryptoQuant first appeared on Bitcoin Magazine and is written by Micah Zimmerman.
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Yes, most public blockchains (like Bitcoin and Ethereum) are transparent. Transactions can be traced back to public keys and wallet addresses, meaning that while they are pseudonymous (names are not directly tied to addresses), they are not completely anonymous.
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