Record level in Bitcoin (BTC) after 800 weeks!

Bitcoin (BTC) surpassed 1 billion transactions exactly 800 weeks after its launch. BTC's new record was supported by the rise.

According to Clark Moody's Bitcoin dashboard, the cryptocurrency leader has processed more than 1 billion transactions. Bitcoin, which reached a new milestone after 800 weeks, attracted great attention, especially with protocols such as Ordinals and Runes.

According to data provided by The Block, it carried out 14.48 million transactions in the last month of April. In March, this figure was 11.63 million. Bitcoin hosted 2.32 million transactions in the past 6 days.

Bitcoin (BTC) surpasses billionth transaction

Satoshi Nakamoto mined the first block in Bitcoin (BTC) on January 3, 2009. After more than fifteen years since the first block, the 1 billionth transaction on the Bitcoin network has been completed. The milestone 1 billionth transaction occurred on the morning of May 6, at block 842,241.

The Bitcoin network has increased its activity, especially since September 2023, when spot Bitcoin ETFs came to the fore. At the turning point, Ordinals and the new protocol Runes, which sometimes caused congestion in the Bitcoin network, were effective. Spot Bitcoin ETFs, on the other hand, managed to attract new players to the leading cryptocurrency. All these factors contributed to BTC reaching record price levels and 1 billion transactions on its network.

On the other hand, Ethereum became the first blockchain to reach the one billion milestone. For this reason, Bitcoin lost control to Ethereum at an important point. Ethereum has processed approximately 2.4 billion transactions.

According to Clark Moody's dashboard, the Bitcoin network processed an average of 6 transactions per second over the last 30 days. Additionally, the Bitcoin network has witnessed an average of 178,475 daily transactions since day one.

Not Investment Advice

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