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Coinbase Lightning Network transaction volume doubles by end of 2024?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Coinbase transaction volume reports
Story
Coinbase Launches Bitcoin Lightning Network for 56 Million Users
Apr 30, 2024, 02:05 PM
Coinbase has officially launched support for the Bitcoin Lightning Network, a significant development in cryptocurrency transactions. This integration, powered by Lightspark, allows Coinbase's 56 million users to conduct instant, low-cost Bitcoin transfers. The rollout marks a milestone for the network, enhancing the capability for rapid and economical transactions directly from user accounts. The Lightning Network, which began as a white paper eight years ago, is now accessible to hundreds of millions of people across over 100 countries. At launch, the service includes a maximum withdrawal limit of $2,000.
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Over 50% of transactions use Lightning Network • 50%
Under 50% of transactions use Lightning Network • 50%
Significant increase • 33%
Moderate increase • 34%
No change or decrease • 33%
Yes • 50%
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Less than 1 million • 25%
1-5 million • 25%
5-10 million • 25%
More than 10 million • 25%
Growth exceeds 20% • 25%
Growth between 10% and 20% • 25%
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Significantly faster • 33%
Moderately faster • 34%
No noticeable change • 33%
