Alkanes Asian Market Drove 61% of Bitcoin Transactions for 90 Days, SUBFROST Data Shows
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SUBFROST data indicates that Alkanes-related activity in Asian markets accounted for 61% of Bitcoin transactions over a 90-day period. The concentration suggests Alkanes materially influenced Bitcoin on-chain activity, though transaction share does not necessarily equate to comparable economic value or network fees. The trend highlights growing regional and protocol-specific demand while underscoring the need to distinguish transactional volume from broader Bitcoin adoption.
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