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Binance’s Bitcoin Lightning Network Witnesses Rapid Growth!

Crypto Live News

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Binance, a large cryptocurrency exchange, has experienced enormous gains in its Bitcoin Lightning Network. The network public channel has climbed from 7 to 33 in the past week, with the capacity rising from 36 BTC to 77.73 BTC. Binance presently holds the 14th immense capacity node, contributing to the total capacity of 4,859.37 BTC that the Lightning Network holds. This rapid growth is a great sign for the future of Bitcoin’s expandability and transaction speed. Binance’s adoption of Lightning Network shows the growing interest in and acceptance of this next-generation payment system.

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