A First Happened in Bitcoin After 800 Weeks!

Leading cryptocurrency Bitcoin While it was trying to compensate for the sharp declines it experienced in recent weeks, it exceeded $ 64,000 with the recovery over the weekend.

BTC Major milestone has been reached in the Bitcoin blockchain as it continues to recover. According to the news of The Block, Data from Clark Moody revealed that the Bitcoin blockchain network surpassed one billion transactions on Sunday, May 5.

Bitcoin Reached a Major Milestone!

15 years after its launch, Bitcoin has reached a milestone, surpassing 1 billion processed transactions.

Launched after the halving in April to reach 1 billion transactions Runes Protocolalso made a great contribution. Because the number of transactions on the Bitcoin blockchain increased significantly after the launch of the Runes Protocol.

While the BTC community stated that approximately 800 weeks have passed since the 1 billionth transaction, they also pointed out that the Bitcoin network has the ability to process transactions smoothly with the highest security.

Commenting on the subject, analysts say that the Bitcoin blockchain VISA and Mastercard He pointed out that it has achieved significant success against payment giants such as.

At this point, Matteo Pallegrini, the founder of the Orange Pill Application, stated that Bitcoin carried out its first 1 billion transactions in only 15 years, and compared to BTC, it took 25 years for Visa to reach the same level.

pallegrini “This success in a short period of time underscores BTC’s rapid growth and adoption in the payments space, as Bitcoin competes with numerous payment companies such as Visa, Mastercard, PayPal, Venmo and Alipay.” said.

Pallegrini and many analysts state that they believe that the adoption of Bitcoin and its success against global giant companies such as Visa and Mastercard will increase exponentially, and that spot Bitcoin ETFs will make a great contribution to this success.

*This is not investment advice.