June 26 (Cointime) - The Bitcoin Lightning Network has achieved a new all-time high in node capacity, with 5,630 BTC now accommodated. This corresponds to $170 million in USD countervalue, which has been steadily increasing but is still far from the ATH of November 2021. The network's growth is expected to accelerate when Binance integrates the Layer 2 within its platform, allowing for micro BTC transfers even for newbies.
The Lightning Network offers greater scalability than the core infrastructure with very low fee costs, making it more convenient than traditional payment providers for small transactions. The developers behind the technology have even speculated that it could surpass Visa and Mastercard in the number of transactions per second that can be processed.
All Comments