Now that Bitcoin fees have come back down, what was the cause of the increase? Was it runes and ordinals?
Has the volume of these derivatives declined to the point that fees are now what they used to be?
The runes and ordinals were a fact for sure because those transactios used to pay huge fees, but another fact was the big amount of transactios. While more transactios we have on the mempool people pay more fees, and that way is the same uses that sends the fees price to the moon. Nos the demand is low, and fees are low too.