5,606 Bitcoin: Lightning Network Sets Fresh Capacity Record

Lightning Network capacity hit a new high this week as major exchanges put more Bitcoin into off-chain channels, boosting the network’s total liquidity and changing how users move BTC. Related Reading: Ethereum Meets Wall Street: JPMorgan Rolls Out Tokenized Fund Exchange Support Drives Capacity According to reports, the Lightning Network’s public capacity climbed to about 5,606 BTC, with some trackers briefly showing a peak near 5,637 BTC. That is a clear uptick from earlier levels and marks the highest recorded total so far. Exchanges including Binance and OKX have been named as contributors that added Bitcoin to Lightning channels, and other platforms such as Kraken and Bitfinex are expanding their support as well. These deposits are aimed at speeding up deposits and withdrawals and cutting fees for customers. Network Activity Vs. Public Nodes Based on reports, that increase in capacity has not been matched by a big rise in the number of public nodes or channels. Public node counts