Recent on-chain data indicates that Satoshi's original vision for Bitcoin is thriving, with the network now seeing a trend towards smaller transactions. CryptoQuant's CEO, Ki Young Ju, highlighted a shift in BTC transactions resembling peer-to-peer payments. Transaction fees on the Bitcoin network have notably decreased compared to Ethereum, with BTC fees averaging around $0.40 versus ETH's $0.68. To filter for P2P payments, transactions ranging from $40 to $1,000 were analyzed. The data reveals a rise in smaller transactions since 2023, indicating a move towards real-life P2P payments. Despite criticisms, Bitcoin's development aligns with Satoshi's vision. While Bitcoin's price remains stagnant around $57,800, the network's evolution towards smaller, more frequent transactions suggests a positive trajectory. Read more AI-generated news on: https://app.chaingpt.org/news