The Runes Mirage: Why Bitcoin's Latest Token Standard Is a Governance Trap
The first Runes-based token mint on Bitcoin this week shouldn't have been a...
On-chain
•
CryptoSignal
•
2026-08-16
#Token Standard
Token Standard related articles
Market Prices
BTC
Bitcoin
$75,710.8
-0.45%
ETH
Ethereum
$2,392.25
-1.37%
SOL
Solana
$97.03
-2.55%
BNB
BNB Chain
$711
-0.85%
XRP
XRP Ledger
$1.27
-8.91%
DOGE
Dogecoin
$0.0793
-3.46%
ADA
Cardano
$0.1921
-5.37%
AVAX
Avalanche
$7.26
-2.27%
DOT
Polkadot
$0.9721
-1.12%
LINK
Chainlink
$10.69
-5.12%
Fear & Greed
51
Neutral
Market Sentiment
Event Calendar
202622
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
18
03
unlock
Sui Token Unlock
Team and early investor shares released
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
12
05
halving
BCH Halving
Block reward halving event
30
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
Market Cap
All →
1
Bitcoin
BTC
$75,710.8
1
Ethereum
ETH
$2,392.25
1
Solana
SOL
$97.03
1
BNB Chain
BNB
$711
1
XRP Ledger
XRP
$1.27
1
Dogecoin
DOGE
$0.0793
1
Cardano
ADA
$0.1921
1
Avalanche
AVAX
$7.26
1
Polkadot
DOT
$0.9721
1
Chainlink
LINK
$10.69
Topic Tags
Tools
All →Altseason Index
41
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
🐋 Whale Tracker
🔵
0x0627...256b
30m ago
Stake
2,152 ETH
🔴
0x839d...d257
3h ago
Out
5,087,816 DOGE
🟢
0xb763...8f00
1h ago
In
5,281,608 DOGE
💡 Smart Money
0x9f1c...2fdd
Top DeFi Miner
-$3.3M
76%
0x9494...561a
Experienced On-chain Trader
+$0.5M
71%
0x000c...9134
Early Investor
+$2.8M
78%