Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak – Bitcoin News
September 5, 2023
Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network.
From Peak to Plunge: Lightning Network’s Capacity Drops by Over $20M in Just Two Months
The Lightning Network (LN) serves as a…