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Bitcoin Lightning payment volume increased 400% in a year, here’s why Bitcoin Lightning payment volume increased 400% in a year, here’s why

Bitcoin Lightning payment volume increased 400% in a year, here’s why

A recent research report shows that the number of payments over Bitcoin’s Lightning network has roughly doubled over the last year, at the same time as the value of the payments in U.S. dollar terms has increased by more than 400%.

Bitcoin Lightning payment volume increased 400% in a year, here’s why

Cover art/illustration via CryptoSlate

Bitcoin’s “scaling solution” for fast payments, the Lightning Network, is becoming increasingly popular around the globe.

According to a fresh research report (pdf) by Arcane Research, Lightning payments are growing fast, even more so than what can be measured by looking at “imperfect” public metrics.

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