The Bitcoin ecosystem is still in its early stages, with Bitcoin ETFs, halving, L2 chains, and BRC-20 shaping its future. The Runes protocol provides a new method for issuing fungible tokens on the Bitcoin network. As an alternative to the BRC-20 standard, it aims to simplify token creation and management while seamlessly integrating with the Bitcoin infrastructure. The Runes protocol was launched on April 20th and has achieved great success, with hundreds of Runes being minted on the first day. Now, the hype around Runes is growing as the halving has been completed. Cryptocurrency KOL Rekt Fencer has listed 8 Runes with “hundredfold” potential. It is worth noting that some projects have already been launched, while others are yet to be launched and can be viewed on the UniSat or OKX Wallet market. Fehu is the first Rune engraved on Bitcoin with a market value of $2.14 billion, 99.99% pre-mined, and a supply of 110,009,644. Rune #2, supported by the NFT project CyberKongz, called decentralized02, will release more detailed information about token economics soon. It has a 100% pre-mine and a supply of 21,000. Rune #3, called Leonidas, will be airdropped to Runestone holders. The Runestone snapshot has been completed at block height 840,269. Each Runestone NFT will receive an airdrop of 889,806 DOG Runes, which will be automatically airdropped to user wallets in the next few days, no claiming required. It has a 100% pre-mine and a supply of 100 billion. Rune #6, SATOSHI•NAKAMOTO, is the first Rune listed on Gate with a market value of $148.1 million, 20% pre-mined, and a supply of 21 million. Rune #7, MEME•ECONOMICS, has also been listed on Gate with a market value of $14.4 million, 20% pre-mined, and a supply of 21 million. Runecoin (RSIC), Rune #8, has gained widespread attention as the first project launched on Stakeland with a market value of $242.6 million, 100% pre-mined, and a supply of 21 billion. Rune #9, Buoyant Capital (WOLF), is supported by OG Binance traders. The token economics have been announced, with 17.5% allocated to Rune Door holders, 55% to Runestone holders, 5% to holders of both Rune Door and Runestone, 10% reserved for exchange listings, and 7.5% reserved for marketing activities and partnerships. It has a 100% pre-mine and a supply of 21 billion. WankoManko (WANKO•MANKO•RUNES) is a Rune that has attracted attention due to its name and legend being based on the founder of the Runes protocol, Casey. It has a market value of $2.23 million, 0% pre-mine, and a supply of 75,250,000. Finally, don’t underestimate the Bitcoin ecosystem. Over the past year, a series of new projects have emerged, with more in development. Bitcoin ETFs, halving, L2 chains, and BRC-20 are shaping the future of the Bitcoin ecosystem. The Bitcoin ecosystem is still in its early stages, so entering now could yield significant returns in the future.