Data: Bitcoin network innovation record, $ 8.9 billion on-chain transactions completed within one hour

According to Crypto Potato, Glassnode data shows that the Bitcoin network completed $ 8.9 billion of on-chain transactions within an hour on December 4, which is the first time in history, marking a significant improvement in the Bitcoin blockchain. Over the past two years, Bitcoin's daily transaction volume has grown significantly, from $ 200 million in 2017 to more than five times the beginning of this year. Although the new record does not seem to have any significant impact on the current price movements and the entire market, it clearly shows that the network is now doing more transactions every day, which is also one of the indicators highlighting the continuous improvement of the Bitcoin network performance.