The Bitcoin (CRYPTO:BTC) halving event is drawing near, and with it comes an innovative addition to the cryptocurrency realm: the Runes Protocol.

Created by Casey Rodarmor, who is known for the Ordinal Theory, this protocol is stirring excitement by introducing a new standard for fungible tokens within the Bitcoin network.

This development is witnessing a considerable buzz in the crypto community as it represents a significant evolution in how Bitcoin can be utilised for developing digital assets.

The Runes Protocol is positioned to shape the future of cryptocurrencies by expanding Bitcoin's capabilities beyond its original scope, leveraging its secure and decentralised nature to offer more versatility in digital commodities.