Bitcoin activity nears record highs on microtransaction surge
CoinTelegraph·
60-second summary
Bitcoin activity is nearing record highs due to a surge in low-value transactions, driven by near-record OP_RETURN usage. This has pushed Bitcoin network activity close to all-time highs, with over 600,000 transactions per day, despite a relatively stable price of around $23,000.
Near-record OP_RETURN usage is driving a surge in low-value Bitcoin transactions, pushing Bitcoin network activity close to all-time highs despite muted price action.