Bitcoin lightning network capacity breaks all-time high

Share This Post

Quick Take

  • The lightning network capacity is the total amount of BTC locked in the Lightning Network.
  • Over 5,100 BTC are in capacity — an increase of almost 300 BTC since the turn of the year
  • During the FTX collapse back in November 2022, lightning saw a huge drop off in activity.
  • Many lightning network nodes are hidden under TOR and can’t be tracked — so while public capacity is over 5000 BTC, the actual number is likely higher.
Lightning capacity: (Source: Glassnode)
Lightning capacity: (Source: Glassnode)

 

The post Bitcoin lightning network capacity breaks all-time high appeared first on CryptoSlate.

Read Entire Article
spot_img

Related Posts

Why Is Dogecoin And Shiba Inu Price Up Today?

The foremost meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB) have recorded significant price gains in the last 24 hours This upward trend is due to several metrics that signal a bullish outlook for

BTC-e Operator Alexander Vinnik Pleads Guilty to Money Laundering Charges

According to a press release from the US Department of Justice, Alexander Vinnik, a former operator of the BTC-e exchange, has admitted to a conspiracy to launder money This admission of guilt comes

MATIC Bullish Signals Abound: Technical Indicators Hint At Sustained Uptrend

MATIC is the native utility token of the Polygon blockchain and it is currently ranked 18th by market cap, with a total supply of 10 billion MATIC and a total trading volume of over $204 million in

Ethereum Bounces Back Strongly After $2,871 Support Rejection

On Wednesday, ETH, the native coin of the Ethereum blockchain experienced a significant rejection at the resistance level of $2,871 Since this rejection, the price of Ethereum has gained a

Next Cryptocurrency to Explode Saturday, May 4 — Stacks, ORDI, Render, Dogecoin

It’s not business as usual in the crypto market, as the atmosphere has worsened over the past week After some brief explosive gains that took

Snowden Issues ‘Final Warning’ to Bitcoin Developers on Privacy Enhancements

In the wake of the US intensifying its clampdown on privacy-oriented software and Zksnacks closing its coordinated coinjoin service, Edward Snowden, the NSA whistleblower and former contractor, has
- Advertisement -spot_img