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MU $880.97 -0.42%
AMD $517.79 -2.95%

Data: Fractal mainnet high-priority transaction fees have soared to over 100 Satoshis/byte

2024-09-11 11:27:08

ChainCatcher message, based on mempool data, the Fractal mainnet transaction fees have surged to over 40 sat/byte, with high-priority fees rising to over 100 sat/byte.

It is reported that today a team launched a new UTXO-based token protocol on Bitcoin, called the Covenant Attested Token (CAT) protocol, which features no need for an indexer, modularity, programmable minting, and cross-chain interoperability. The CAT Protocol can run on any Bitcoin-compatible blockchain that activates OP_CAT. The community infers that this may be the main reason for the surge in Fractal mainnet transaction fees.

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