After the halving, Runes has generated a total of $117 million in fee income on the Bitcoin chain

According to Glassnode data, since the halving, Runes trading has generated a cumulative $117 million in Bitcoin network fee revenue, with fees from Runes transactions reaching $62.4 million on the day of the halving. However, over time, Bitcoin fee revenue has clearly declined, with Runes transaction fees reaching $1.03 million on April 28.