According to BitMEX Research, citing data from @0xB10C, Bitcoin's Taproot upgrade is experiencing rapid and successful adoption. Over the last 30 days, 8.6% of all Bitcoin (BTC) transaction outputs, measured by value, were sent to Taproot addresses. BitMEX Research noted that this adoption is 'growing very fast' and described the success as 'tremendous.' For traders, this increasing utilization of a key network upgrade could signal growing network health and efficiency, potentially serving as a bullish long-term indicator for Bitcoin's fundamental value.