得克萨斯州州长 Greg Abbott 已签署 SB 21 法案，将比特币储备纳入法律框架，使该州成为美国第三个设立比特币储备的州。

<div>得克萨斯州州长 Greg Abbott 已签署 SB 21 法案，将比特币储备纳入法律框架，使该州成为美国第三个设立比特币储备的州。<br><br></div>

得州签署 SB 21 法案，成为第三个设立比特币储备的州

Texas Governor Greg Abbott has signed SB 21 into law, incorporating Bitcoin reserves into the legal framework, making the state the third in the United States to establish Bitcoin reserves.

<div>Texas Governor Greg Abbott has signed SB 21 into law, incorporating Bitcoin reserves into the legal framework, making the state the third in the United States to establish Bitcoin reserves.<br><br></div>

Texas signs SB 21, becoming the third state to establish a Bitcoin reserve

New Law on Cryptocurrency in Texas: A Major Step for the U.S. Cryptocurrency Industry Texas Protects Bitcoin Reserve Fund through Bill HB 4488 On June 21, according to sources from <Crypto Brie...>

Texas Signs HB 4488, Protecting the Bitcoin Fund of the Dream State

Arizona Continues to Move Towards Establishing an Official Bitcoin Reserve Fund

Arizona Senate Resurrects Potential Bitcoin Reserve Bill

Table of Contents
- Chain Ghost City
- Transaction Volume Remains Strong
- On-Chain Fees at Historic Lows
- Off-Chain Transaction Volume Increases
- Leverage Accumulation
- Conclusion

On-chain transaction count has decreased, but settlement volume has increased, indicating a rise in usage by large entities. Although the number of transactions has declined, the average transaction size has significantly grown, suggesting that institutional or high-net-worth participants are dominating on-chain activities.

Despite Bitcoin's trading price being close to historical highs, on-chain fees remain low, with demand for block space still minimal. This represents a significant difference from previous cycles. In previous cycles, ...