Year-Over-Year Data Shows Rising Lightning Network Adoption
1180 sats \ 2 comments \ @0xbitcoiner 5 Sep lightning
Recently, we’ve observed a significant increase in Lightning Network (LN) adoption among our users.
https://m.stacker.news/49990
As we dive into our LN data from 2022 to 2024, it’s clear that the adoption of LN is on a rapid rise.
Here are the key takeaways from the following data analysis:
  • The percentage of Bitcoin payments processed via the Lightning Network at CoinGate has more than doubled in two years from 6.5% in Q2 2022 to 16.6% in Q2 2024.
  • CoinGate’s Lightning Network order count has seen substantial growth, with Q2 2024 orders increasing by approximately 28.4% compared to Q2 2023 and by about 74.6% compared to Q2 2022.
  • If the current growth rate continues, projections suggest LN adoption could potentially reach 20% or higher in Q3 2024.
Let’s break down the numbers and understand the trends shaping this growth.

Steady LN Growth from 2022 to 2023

2024: A Breakthrough Year for Lightning?
https://m.stacker.news/49991
https://m.stacker.news/49992

How Can Online Businesses Benefit from the Lightning Network?
...read more at coingate.com
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11 sats \ 0 replies \ @Akg10s33 5 Sep
There's no stopping this... 💪💪 I even read an article that says there are already several people in the business world who manage payrolls and administration who in several countries are already paying and giving their bonuses to their workers in Bitcoin... they tell the worker that they must have their wallet active to receive payroll payments! and that's excellent 👍 it's becoming more and more popular!!
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0 sats \ 0 replies \ @thebullishbitcoiner 5 Sep
Bullish.
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