Post-Halving Fee Madness on the Bitcoin Network After the Introduction of Runes

Bitcoin's temporary record-breaking fees were caused by a surge of activity on the new Runes Protocol, which became online on the halving day.
The average Bitcoin transaction cost fell on Sunday, following a record high the day before.
Following the much-anticipated halving, the average fee per Bitcoin transaction reached a record high of $128.45 due to Runes. However, YCharts data show that the value plummeted to $34.8 million on April 21.

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cryptopotato.com

Post-Halving Fee Madness on the Bitcoin Network After the Introduction of Runes

Bitcoin's brief record-breaking fees were due to the frenzy of activity on the new Runes Protocol, which went live on the halving day.