Multiple times this year, daily transactions have surpassed 550,000, as inscriptions have added more transactions to the limited block size.
The report revealed that the average block now contains up to 3,500 transactions, up from 2,500 in prior years.
Since May, between 40% and 60% of all confirmed transactions have been inscriptions. In 2023, the UTXO set grew by more than 46 million entries (an increase of 34%), the fastest growth rate ever recorded.
Despite increasing miner revenue, income per hash rate is near historic lows.