比特币活跃地址数降至一年来最低水平,引发对区块空间需求的新担忧

链捕手
Dec 16, 2025

ChainCatcher 消息,据 The Block 报道,随着年末临近,比特币网络活跃度降至 12 个月以来的最低水平,活跃地址的 7 日移动平均值已降至 66 万。虽预计会出现季节性放缓,但多个网络指标已呈现疲软态势。目前,活跃地址数量处于自 2024 年 12 月以来的最低水平,当时由于铭文(Ordinals)和符文(Runes)投机热潮,网络活跃度达到峰值。

网络活跃度的疲软也给矿工经济带来了下行压力。矿工每日收入已从第三季度的平均 5000 万美元降至约 4000 万美元。这些收入几乎全部来自区块补贴,而非交易手续费,凸显出比特币区块空间的需求有限。比特币交易构成中出现了不同寻常的动态变化。如今,符文交易在网络总交易量中所占比例更大,但仅贡献了总手续费收入的 5% 至 10%,这引发了人们对区块空间需求的担忧。当比特币一半的交易吞吐量产生的手续费微不足道时,这表明网络利用率与价值创造之间存在不匹配。

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10