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Surging Bitcoin Lightning Network adds 2.5K nodes in one week, hits all-time highs

May 10, 2023
in Crypto Exchanges
Reading Time: 2 mins read
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Fast Take

The emergence of Inscriptions has resulted in elevated charges for Bitcoin and has put additional pressure on layer two adoptions resulting from cheaper transaction charges resembling lightning.
CryptoSlate did a analysis article on the significance of the Bitcoin lightning community.
What’s being seen on-chain is the truth that lightning nodes have grown by over 2,500 up to now week, the most important progress the community has seen.
Virtually 18,000 lightning nodes on the community, an all-time excessive, exhibits adoption is going on however must proceed.
At present, 5,470 locked Bitcoin within the lightning community capability — which can also be roughly at all-time highs.

Lightning: (Source: Glassnode)
Lightning: (Supply: Glassnode)
Nodes: (Source: Glassnode)
Nodes: (Supply: Glassnode)

The publish Surging Bitcoin Lightning Community provides 2.5K nodes in a single week, hits all-time highs appeared first on CryptoSlate.

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Tags: 2.5KaddsAllTimeBitcoinHighsHitsLightningNetworkNodesSurgingWeek
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