Bitcoin Network Activity Hits Highest Level Since 2024; Micro-Transactions Now 80% of Daily Volume
Bitcoin network activity rebounded to its highest level since 2024, with on-chain metrics rising above the long-term trend for the first time since mid-2024. Transactions below 0.01 BTC now account for approximately 80% of all daily Bitcoin transactions according to CryptoQuant data. Analysts noted the surge raises questions about potential network congestion and its implications for the Bitcoin settlement layer.
Network activity index confirmed above long-term trend for first time since mid-2024; additional data showing micro-transactions below 0.01 BTC constitute 80% of daily transactions; congestion risk flagged.
Story timeline · 6 days
- Jun 25, 20266Bitcoin Network Activity Booming Despite Price Remaining Below Record Highs
Bitcoin network activity continued at elevated levels despite price weakness below $60K, extending prior on-chain divergence data.
- Jun 25, 20267Bitcoin Long-Term Holders Control 79% of Circulating Supply, Hitting New All-Time High
LTH supply share reached a new all-time high of 79%, extending the multi-month low in LTH spending reported on June 24.
- Jun 24, 20265Long-Term Bitcoin Holder Metrics at Multi-Month Lows; OTC Desks Running Dry
Long-term holder spending at 19-month low with 962 BTC recorded; multi-year holder selling also at 19-month low.
- Jun 23, 20266Bitcoin Network Activity Highest Since 2024; Supply Lockup at 16.64M BTC
No material new data; Bitcoin network activity highest since 2024 reiterated with supply lockup metric added.
- Jun 20, 20267· this storyBitcoin Network Activity Hits Highest Level Since 2024; Micro-Transactions Now 80% of Daily Volume
Network activity index confirmed above long-term trend for first time since mid-2024; additional data showing micro-transactions below 0.01 BTC constitute 80% of daily transactions; congestion risk flagged.
- Jun 19, 20265CryptoQuant: Bitcoin Microtransactions Below 0.01 BTC Now 80% of Daily Transactions
Sources · 4
- More than 80 percent of Bitcoin transactions now micro sized! What does this mean for $BTC?en.coin-turk.com · T2
- Bitcoin : Towards a New Phase of Blockchain Network Congestion?cointribune.com · T2
- Bitcoin's blockchain is its busiest since 2024, but it's not what it looks like.bsc.news · T2
- Bitcoin network activity has a dramatic rebound – hits highest since 2024 even as price strugglescryptoslate.com · T2