“Ethereum’s high costs and significant network congestion will cause it to take a backseat as Bitcoin-based projects, like Rune, will redirect meme coin hype to the Bitcoin ecosystem because of the novelty,” Lipinski said. “The BRC-20 (Ordinals NFT) standard is likely to be overtaken by Runes, which is expected to launch on the day of the halving.”
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- Source: https://www.coindesk.com/markets/2024/04/11/bitcoin-ecosystem-tokens-rune-stx-and-ordi-may-see-gains-after-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines