The capacity of the Bitcoin Lightning Network reaches a new all-time high

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ChainCatcher reports, citing Cointelegraph, that as major cryptocurrency exchanges have widely adopted it and continuously optimized their features, the capacity of Bitcoin’s Layer 2 network—the Lightning Network—has reached a new all-time high.

Data from Bitcoin Visuals shows that the Lightning Network capacity has reached 5,606 Bitcoins, breaking the record set in March 2023. The analytics platform Amboss has also reported that the Lightning Network capacity peaked at 5,637 Bitcoins, valued at approximately $490 million. The data shows that after a year-long decline in capacity, the Lightning Network’s capacity surged in November and December, as more Bitcoins were added to the network, enabling faster transactions at lower costs.

At present, there are 14,940 Lightning Network nodes, down from the peak of 20,700 on March 20, 2022; while the number of channels between nodes is 48,678, also below the peak in 2022. The data indicates that the amount of Bitcoins added to the Lightning Network is increasing, but usage measured by the number of nodes and channels does not necessarily grow correspondingly.

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