The Bitcoin network attracted attention with a transaction volume of more than $19 trillion in 2024. This figure is more than double the $8.7 trillion in 2023 and reverses the decline in transaction volume since 2021. According to Pierre Rochard, vice president of research at Riot Platforms, this proves that Bitcoin is both a store of value and a medium of exchange.

The introduction of a Bitcoin ETF in the US in 2024 and Bitcoin reaching a new peak of $108,000 are among the significant developments of the year.

In early 2025, the Bitcoin network's hash rate hit a record of 1,000 EH/s. However, this rate soon dropped to 775 EH/s. US-based mining pools accounted for more than 40% of the global hash rate in 2024.

In light of these developments, what do you think about the future of the Bitcoin network? Share your thoughts in the comments.