2023-5-10 13:00 |
Quick Take The emergence of Inscriptions has resulted in elevated fees for Bitcoin and has put further strain on layer two adoptions due to cheaper transaction fees such as lightning. CryptoSlate did a research article on the importance of the Bitcoin lightning network. What is being seen on-chain is the fact that lightning nodes have grown by over 2,500 in the past week, the biggest growth the network has seen. Almost 18,000 lightning nodes on the network, an all-time high, shows adoption is happening but needs to continue. Currently, 5,470 locked Bitcoin in the lightning network capacity — which is also roughly at all-time highs. Lightning: (Source: Glassnode) Nodes: (Source: Glassnode)
The post Surging Bitcoin Lightning Network adds 2.5K nodes in one week, hits all-time highs appeared first on CryptoSlate.
origin »