PANews reported on December 26 that according to The Block, the transaction share of Runes on the Bitcoin network has fallen to a new low, accounting for only 1.67% of daily transactions, which is in stark contrast to its dominant position from April to November, when Runes' transactions usually accounted for more than 50% of Bitcoin's daily transactions. At the same time, Runes' daily transaction fees remain below $250,000, showing a significant reduction in network activity.

This change is consistent with broader market dynamics and a shift in investor interest. As Bitcoin prices fluctuate, attention has begun to shift away from risky experimental Bitcoin-based protocols such as Runes and Ordinals. At the same time, other cryptocurrency fields such as artificial intelligence agents, meme coins, and Ethereum NFTs have gradually taken market share, which may lead to a decrease in investor interest in Bitcoin-based token protocols.

Data suggests that the Runes ecosystem may be experiencing a cooling. Its network share has dropped sharply from more than 50% to less than 10%, marking a significant change in the usage pattern of the Bitcoin network. This trend may reflect a shift in market speculative interest, with investors turning their attention to other cryptocurrency fields.