04 Oct 2021
The State of LightningSince its launch in 2018, the Lightning Network has long been a place for development and niche applications. Recent development shows that this is changing rapidly.
Improved services, increased network performance, and El Salvador adopting bitcoin as legal tender have all led to parabolic growth in adoption on the Lightning Network. And, looking at the drivers for Lightning usage going forward, what we see now is likely just the beginning.The State of Lightning provides the most comprehensive overview of usage on the Lightning Network seen to date. The report highlights and explains the growth in network metrics, provides never before published estimates of mainstream adoption on the Lightning Network, and looks into the future. Without spoiling too much, future Lightning activity is likely measured in billions, if not trillions.