Lightning Network Sheds 820 BTC in 37 Days—Lowest Capacity Since 2023

According to caller metrics, bitcoin ( BTC) held successful the Lightning Network, a payment-oriented furniture 2 (L2) protocol, has declined sharply implicit the past 37 days. Lightning Network’s $69M Drain The network’s capacity—the full BTC locked successful its channels—now sits astatine 4,550 BTC, the smallest magnitude since September 2023, according to information collected by theblock.co. […]