The transaction volume of the Bitcoin network is about to welcome a major rebound! According to Cointelegraph, it is expected that the transaction volume settled through the Bitcoin network will exceed $19 trillion in 2024, which is more than double that of 2023! 📈

This marks a reversal of the downward trend in transaction volume since 2021. Looking back, the Bitcoin transaction volume peaked at $47 trillion during the bull market in 2021, but then sharply declined in 2022 and 2023. 📉

Data provided by Pierre Rochard, Vice President of Research at mining company Riot Platforms, fills us with hope for the future. Will the Bitcoin network achieve this goal in 2024? Let's wait and see! 🔍