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Taproot Transaction Adoption Rate

Range
  • 1M1M
  • 3M3M
  • 6M6M
  • 1Y1Y
  • ALLALL
Latest
30D change
7D change
Series
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About this metric

What it measures

Taproot Transaction Adoption Rate compares Adoption (tx share), the percentage of daily transactions spending at least one Taproot (P2TR) input, with Utilization (input share), the percentage of all spent inputs that are P2TR. The two series track transaction-level reach and input-level usage respectively.

How to read it

Rising adoption means Taproot spending appears in more transactions; rising utilization means a larger share of inputs uses P2TR. Both recorded their highest readings on December 31, 2023, at about 84.77% and 72.49% respectively. The gap shows how transaction mix can amplify adoption relative to input use.

A high reading does not identify how many people use Taproot or which feature they use. Inscription activity, automated operations and input consolidation can all affect the ratios. The supplied history starts in July 2021; treat its earliest observations cautiously when comparing them with later established usage, and do not add the two lines.

Frequency
Daily (UTC 00:00)
Asset
BTC
Type
Breakdown
Data since
2021-07-23
Latest data
2026-10-27

FAQ

Does a Taproot adoption spike prove broader wallet adoption?

No. A burst of transactions from a small group of services or automated users can lift the share. The measure weights transactions, rather than counting wallets or people.

Are Taproot transactions the same as Ordinals transactions?

No. Taproot supports spending beyond inscriptions, while this chart classifies inputs by script type rather than by application. The two activity measures can overlap without being interchangeable.

Why can Taproot utilization exceed transaction adoption?

A relatively small set of transactions may spend many P2TR inputs while other transactions use few legacy inputs. Input-weighted usage can then exceed the fraction of transactions containing Taproot, so either line can be higher.