Glassnode Insights: A Bitcoin Blockspace BoomBitcoin blockspace experienced a historically significant inflow of demand last week, as speculators rushed to mint BRC-20 tokens via text in_ions. This resulted in immense fee pressure, driving miner fee revenue towards ATHs, and surpassing the 6.25 BTC block subsidy for the fifth time.
Glassnode Insights2023-05-16