Though it was slow to gain momentum after its launch in 2018, the Lightning Network is now showing notable growth in adoption that could further establish BTC as an easy, fast and inexpensive medium of exchange for all.

The Lightning Network is already making BTC a practical medium of exchange and solving existing problems, especially for scores of unbanked individuals in emerging markets like El Salvador. As the first country to recognize BTC as legal tender, El Salvador has further legitimized the use of BTC for any transaction, from buying a cup of coffee to paying taxes.

Should this growing trend in adoption continue, the Lightning Network could deliver an effective option for people facing economic hardship in developing countries. In particular, Bitcoin could serve as a viable alternative to legacy payment systems and open new economic opportunities for all.