Bitcoin (BTC) is showing indications of coming out of its stagnation, as transactions start to pick up. With the market price stuck around the $6,400 level, the Bitcoin network also saw weakening transaction levels, as both spending and moving coins to exchanges slowed down.

But the latest data shows BTC transactions rising above 700,000 in 24 hours, and in the past days reaching the highest levels since April. Additionally, the Lightning Network has seen the growth of active nodes, and while the amounts sent are still symbolic, the system works as an experimental scaling solution.

https://twitter.com/PanDermatis/stat…

This article appeared first on Cryptovest

Like this: Like Loading...