800 weeks and one day later Bitcoin BTC
+0.32%
This milestone comes at a particularly exciting time for the cryptocurrency, which has seen daily trading levels rise over the past year as new protocols such as Bitcoin Ordinal and Loon attract more and more activity on the world’s first blockchain. The launch of a spot Bitcoin ETF has fueled bullish sentiment for the token over the past year.
Bitcoin is far from the first blockchain to hit the one billion transaction mark. rival Ethereum 
ETH
+0.73%
For example, it has processed nearly 2.4 billion transactions. However, over the past 30 days, the average rate has been 6 transactions per second. Clark Moody’s Bitcoin Dashboard Bitcoin has had a longer, slower journey to this latest milestone, which comes just a few weeks after its most recent programmed halving event.
Daily transaction fees have cooled significantly since the halving, but as Bitcoin begins its long journey toward 2 billion total transactions, the chain’s 7-day moving average of transactions remains high compared to most of Bitcoin’s history outside of last year. We are maintaining it.
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