Bitcoin News Is Not For Sale

Please don’t skip this message — it only takes a few minutes to read. Sorry to bother you, but time is running out.

Bitcoin is freedom. If you think independent media that is bitcoin-only is important, if you believe information and education about bitcoin matters for adoption, and if you have gained something from our work, we would be grateful if you could chip in $21. 

Join the 2% of our readers who occasionally make a donation. If everyone reading this donated just $21, we would reach our target in a couple of hours. $21 won’t break you, we hope.

To cover the cost for our servers, editors, writers, and thumbnail artists we rely on our readers’ generous support. 

How You can chip in:

  • Send a Sats as a tip to a writer. Each and every one of our writers has an active tipping widget.

  • Join our campaign on Awesome perks are waiting for you such as the Bukele Blend Coffee.

Your support ensures that Bitcoin News stays independent with a laser focus on Bitcoin and only Bitcoin.

Funding Progress

Lightning Network Capacity expands to new all-time high at 3,900 BTC

written by

Lightning Wallet

Support free journalists: > send a tip

The Bitcoin Lightning Network achieves another milestone with public capacity reaching an all-time high of over 3,900 Bitcoin.

The Bitcoin community now has more than 3900 BTC in the layer 2 payment system. This is equivalent to about $141 million.

Lightning Network adoption continues to increase dramatically. The revolutionary network brings BTC payments with near-zero fees.

During the same period, Bitcoin’s use was widely as a value transfer network and store of value by investors, businesses, and users as the Bitcoin price surged.

Despite the rapid growth, the total capacity of the Lightning Network remains still small compared to the $790 billion market capitalization of Bitcoin.

How does the Lightning Network work?

The Lightning Network is an off-chain network that allows users to make bitcoin payments with near-zero fees. It was launched in 2018 to solve bitcoin’s scalability constraints.

Lightning does this by allowing users to lock a certain amount of Bitcoin into the Network by opening a Lightning channel. The lightning channel is connected to other nodes in the lightning network and allows for instant and low-fee transfers.

Once the channel closes, a single on-chain transaction settles the final balance. The result is significantly lower fees and less congestion on the bitcoin base layer.

However, there are some problems with the network. First, it does not completely eliminate the cost of Bitcoin transactions, and still charges users a fee to open a Lightning channel. Also, operating a lightning node requires technical skill and cannot easily be setup by the average user.

Bitcoin and Lightning

In January, the Bitcoin focused US company Cash App integrated the Lightning Network, bringing commission-free Bitcoin payments to the app. This integration was made possible by Cash App’s parent company Block and its open source Lightning development kit.

Block (formerly Square) is the parent company of Cash App. On Tuesday, Block CEO Jack Dorsey reaffirmed its commitment to open source software and open protocols like Bitcoin.

Lightning is still in its infancy but on a steep growth curve

The Layer 2 solution for the Bitcoin network just reached an all-time high in network capacity, number of nodes and channels. It has experienced parabolic growth since the beginning of 2021. Currently, there are 3,925 BTC locked into the Lightning network.

Enjoyed the article?

100% of your tips go directly to [email protected]
Need a wallet? Get it here

⚡️ Tip The Author

Help spread this article :) is NOT INVESTMENT ADVICE

Opinions expressed are entirely their own and do not necessarily reflect those of

For informational purposes only. Individuals and entities should not construe any information on this site as investment, financial, legal, tax, accounting or other advice. Information provided does not constitute a recommendation or endorsement by to buy or sell bitcoin, cryptocurrencies or other financial instruments. Forecasts are inherently limited and cannot be relied upon. Do your own research and consult a professional advisor. The opinion of authors do not reflect those of 


Read More Bitcoin News


Join our Newsletter


Latest on Bitcoin News

Video of the Week

Join our Newsletter