Bitcoin Most Efficient Value Settlement Network

Bitcoin Most Efficient Value Settlement Network


The under is from a current version of the Deep Dive, Bitcoin Journal’s premium markets publication. To be among the many first to obtain these insights and different on-chain bitcoin market evaluation straight to your inbox, subscribe now.

This year has been an impressive one for proving how much value the Bitcoin network can settle and how efficiently it can do so. Over its lifetime, Bitcoin has settled more than $60 trillion in total transfer volume and over $21 trillion in change-adjusted transfer volume.

Nearly 70% of the total value transferred on the network, in USD terms, has come in 2021. Total transfer volume and change-adjusted volume have grown 5.5x and 5.1x from last year, respectively. That doesn’t include the pending December volume for this year either.



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