CoinVoice has learned that, according to Cointelegraph, in 2024, the transaction volume settled through the Bitcoin network will exceed $19 trillion, more than double the $8.7 trillion settled by the network in 2023, reversing the trend of declining transaction volumes that has persisted since 2021.

According to data from Riot Platforms' Vice President of Research Pierre Rochard, Bitcoin transaction volume peaked during the bull market in 2021 at around $47 trillion and sharply declined in 2022 and 2023. [Original link]