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The Nexus
TECHNOLOGYJun 22 · 16:42 UTCBITCOIN MAGAZINEMicah Zimmerman

Bitcoin Network Activity Hits Highest Level Since 2024: CryptoQuant

Bitcoin's onchain transaction count reached its highest level in 2026, surpassing 800,000 daily transactions, driven by protocol-driven activity like Ordinals, Runes, and BRC-20 tokens. However, the economic value of these transactions remains low, with 80% involving less than 0.01 BTC, and Bitcoin's price has declined despite increased network activity.

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