Ratio of Runes Transactions Fees to other Transactions Fees

Overview

The Runes Fees vs. Bitcoin Transaction Fees Indicator compares the transaction fees associated with Runes against general Bitcoin transaction fees. By analyzing the differences in costs, this indicator highlights the relative expense and demand for Rune transactions compared to other types of Bitcoin transactions. This comparison offers insights into the usage patterns, market demand, and cost-effectiveness of Rune transactions within the broader Bitcoin ecosystem.

💡 How can I use it?

By comparing Rune transaction fees with standard Bitcoin transaction fees, you can assess how distributed transactions fees are across the Bitcoin ecosystem. Higher distribution for Runes transactions may indicate strong demand for the Runes ecosystem. Conversely, lower fees could suggest less demand or lower usage.