{"id":12986,"date":"2024-06-03T06:07:55","date_gmt":"2024-06-03T06:07:55","guid":{"rendered":"https:\/\/www.bitrabo.com\/discover\/runes-protocol-regains-momentum-institutional-investors-fuel-second-act\/"},"modified":"2024-06-03T06:09:14","modified_gmt":"2024-06-03T06:09:14","slug":"the-resurgence-of-runes-protocol","status":"publish","type":"post","link":"https:\/\/www.bitrabo.com\/discover\/the-resurgence-of-runes-protocol\/","title":{"rendered":"The Resurgence of Runes Protocol"},"content":{"rendered":"\n<p>Runes protocol, initially met with high expectations followed by a decline in interest, has seen a revival thanks to institutional investors from East Asia. Their growing interest is driven by Runes&#8217; focus on security, scalability, and user-friendliness, appealing to those valuing stability. Ciara Sun of C Squared Ventures praises Runes for its scalability, efficiency, and security, making it an appealing choice for institutional investors.<\/p>\n<p>Unlike the decentralized nature of BRC-20 tokens, Runes was meticulously developed with an emphasis on security and scalability. This strategic approach has attracted investments from Asian firms like Newman Group. Adrian Lai, Newman Group&#8217;s founder, sees Runes surpassing BRC-20 due to its technical strengths and potential for cross-chain transactions.<\/p>\n<p>Runes has garnered support from major players in the crypto industry. Magic Eden launched a dedicated Runes platform, and OKX, a top Asian exchange, introduced zero-fee Runes trading. Paige Xu of OKX praises Runes for its efficiency and minimal blockchain footprint, positing it as a key infrastructure layer for the crypto world.<\/p>\n<p>With institutional investors exploring Runes&#8217; potential, the protocol has seen a resurgence in activity and market capitalization. Recent data reveals a significant rise in transaction volume and total market capitalization, exceeding $2 billion, hinting at Runes&#8217; comeback. Runes&#8217; future success is uncertain, but the renewed interest implies a strong contender in the crypto realm.<\/p>\n<p>As the crypto landscape evolves, Runes&#8217; fate remains uncertain. However, its appeal to institutional investors seeking reliability and stability in investments is evident. Whether Runes achieves its goal as a fundamental crypto infrastructure layer remains to be seen, but its potential has captivated major industry players.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Runes protocol, initially met with high expectations followed by a decline in interest, has seen a revival thanks to institutional investors from East Asia. Their growing interest is driven by Runes&#8217; focus on security, scalability, and user-friendliness, appealing to those valuing stability. Ciara Sun of C Squared Ventures praises Runes for its scalability, efficiency, and [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":12985,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"slim_seo":{"title":"The Resurgence of Runes Protocol - Bitrabo","description":"Runes protocol, initially met with high expectations followed by a decline in interest, has seen a revival thanks to institutional investors from East Asia. The"},"footnotes":""},"categories":[316,1],"tags":[],"class_list":["post-12986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-cryptocurrencies"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/12986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/comments?post=12986"}],"version-history":[{"count":0,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/posts\/12986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media\/12985"}],"wp:attachment":[{"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/media?parent=12986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/categories?post=12986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bitrabo.com\/discover\/wp-json\/wp\/v2\/tags?post=12986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}