Bitcoin Transaction Volume in 2018 Exceeds $410 Billion | ForkLog

Bitcoin Transaction Volume in 2018 Exceeds $410 Billion


According to data provided by Blockchain. com, over $410 billion was transacted in Bitcoin (BTC) in 2018, averaging over $13,000 per second.

This was noted in a tweet by Jameson Lopp, a bitcoin developer and CTO at U.S.-based blockchain security startup Casa.

Additionally, during 2018 the number of known Lightning Network channels has grown from 0 to over 19,000 while their capacity has increased from 0 to over 500 BTC, says Lopp.

He also noted a significant growth of RSK and Liquid sidechains. RSK sidechain was launched in January 2018 and is now merge mined by 43% of bitcoin’s hashrate and capitalized with 250 BTC, while Liquid, which is developed by Blockstream, is currently capitalized with 25 BTC from the net value of over 100 peg transactions.

Follow ForkLog on Twitter and Facebook!

Found a typo? Highlight text and press CTRL+ENTER

Subscribe to our Newsletter


Related posts

Tags: , , , , ,
  • Bitcoin is the top listed crypto currency and 55% dominance. CMD offers all resources in one place that crypto community was waiting long time ago like Real Time Coins Prices, ICO’s Directory, Cryptocurrency Exchanges, Reviews & Ratings, Cryptocurrency Calculator & Convertor, Historical Charts, Cryptocurrency Portfolio , Widgets and MarketCap. Find more about at

  • Money Mongers

    Of course, and the velocity of Bitcoin has been even higher than Gold, see this:

    Bitcoin has been clearing more tx volume than global gold markets since early 2017.

    BTC: on pace to process $1.1 trillion in 2018 transactions
    Gold: on pace to process $0.4 trillion in 2018 transactions

    Sources: for BTC for Gold