As on-chain network transaction fees continue to increase, network congestion will be offset by the shift to second-layer networks, which will in turn encourage a greater volume of transactions, some of which will happen on the main blockchain, which will push up processing fees. Ultimately, even with the rise of second-layer networks like Lightning, the net result will most likely be a steady increase in network fees as bitcoin becomes more widely adopted.
BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, LINK, AVAX
Key points:Bitcoin price pushed above $95,000, increasing the chance of a rally to $100,000.Institutional investor demand is back, suggesting that...
