Jan Wüstenfeld

Bitcoin Mempool Continues to be Empty: Due to Increase in Lightning Network Capacity or General Lack of Activity?

BTC mempool continues to be empty even throughout the most recent price recovery. Two potential reasons: 1)increase in lightning network capacity to 3.2k BTC 2)generally low on-chain activity While I think 1) plays an important role 2) is still very relevant, which is positive as it means no retail craze was needed to reach new ATH. With price increase also activity has been picking up a bit. So not unlikely that activity will reach new highs as well during this bull-run despite LN adoption.