Bitcoin Lightning Network Expands Transfer Capacity

LookIntoBitcoin, a platform tracking Lightning Network statistics, reveals that the network can now handle over $210 million in transfers. This is equivalent to approximately 4,980 Bitcoin (BTC). This is close to the record high of $223 million recorded on Dec. 6. In July, the Lightning Network reached its peak capacity, allowing around 5,400 BTC transfers, and approached similar levels in November before a slight decline. Since its establishment in early 2018, the Lightning Networks capacity has grown. Despite the stump in broader crypto market activity during the 2022 to 2023 bear...

source: https://tokenpost.com/Bitcoin-Lightning-Network-Expands-Transfer-Capacity-11001

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