Reports from Arcane Crypto on Lightning Network

Arcane Crypto made an interesting discovery while researching the Lightning Network. People have been preferring this network for quite a while, but it reached its highest peak in the last month.

It is due to the massive adoption of Bitcoins in El Salvador. It will go in a parabolic manner and will continue to do so till 2030. The group analyzed the Lightning Network in the following parameters:

• Current capacity
• Wallet payment volume
• Adoption rate
• Online activities

The report said that a majority of Salvadorans will use this network for payment processing and online purchases by 2026, and 2030 (around 700 million). Arcane finds that this network will also be the best option for using streaming services.

Bitcoin Payments Company OpenNode also participated in this research. The main goal of the research is to highlight the adoption rate of this network. It also shows the importance of Paxful and its Twitter integration.

The report shows that mass adoption rate and payment volume are quite massive, and it has accumulated a massive following on social media.