May 5, 2024: Bitcoin Hits 1 Billion Transactions

The Bitcoin network processed its one billionth transaction in block 842,241 at 9:34 pm UTC on May 5, 15 years after the blockchain's inception.

Transaction Milestones and Network Resilience

While Ethereum was the first blockchain to reach 1 billion transactions, Bitcoin's billionth transaction was a testament to a surging user base brought about by innovations like Ordinals, BRC-20 tokens, SRC-20 tokens, and more.

Bitcoin Network Usage Peak

Milestone: 1,000,000,000 total transactions.
Record Peak: 926,000 daily transactions on April 23.
Driving Factor: Launch of the Runes protocol and minting demand.

This milestone of 1 billion transactions underscored Bitcoin's resilience and represented its journey towards mainstream adoption and continued growth.