New data shows that the Bitcoin (BTC) network processed $19.2 trillion in BTC transactions last year.
In a new wire On social media platform
However, Rochard’s chart indicates that the top crypto assets by market capitalization have seen more funds processed in recent years. A whopping $47.7 trillion worth of BTC transactions were processed in 2021, while that number dropped to $36.4 trillion in 2022.
He too say that the second round of Bitcoin securitization by institutions will drive BTC adoption to unprecedented heights.
“Season 2: Bitcoin Securitization. This is de facto how BTC will scale to a billion users.”
The executive branch goes further to predict that 2025 will still be a year in which the securitization of BTC – or the creation of investment vehicles such as exchange-traded funds (ETFs) linked to Bitcoin – will continue to outpace the performance of an emerging use case in the decentralized finance (DeFi) space.
“2025 Prediction: TradFi Securitization of BTC Will Continue to Overshadow DeFi Tokenization of BTC [real-world assets].”
BTC is trading at $98,962 at the time of writing, up fractionally on the day.
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Generated image: Midjourney