We've been witnessing lightning channel closes trend down significantly over the past month.
What does this mean? It means that the payments layer of #Bitcoin, called the #lightningnetwork, is becoming a home for capital.
Bitcoin isn't just an investment, or even just a savings tool; it's a key component of a business' payment system. Lightning enables low cost payments, globally, to be delivered in mere seconds. Lightning operates without credit or debt, so the Lightning Network needs to attract and maintain more capital within the system. And that's exactly what we're seeing this month.
h/t nostr:npub19tcpurtt6xulhw0r6sc404j9jraj0h8me2lzs7z2tqewz7l0hpas59nlea Technologies for the #dataanalytics and visualization.

