Small transactions valued at less than 0.01 Bitcoin have seen a significant increase on the Bitcoin network, now accounting for nearly 80% of daily transactions. Despite a period of weak price momentum, this surge in activity has pushed overall network usage to near-record levels.


The network activity enters positive territory
According to a report released on Thursday by blockchain analytics firm Crypto Quant, the Bitcoin network activity indicator has entered positive territory for the first time since the beginning of 2024. While transactions valued at less than 0.01 Bitcoin made up about 44% of daily activity in 2023, this percentage has nearly doubled in recent months.
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