Bitcoin Lightning Network Capacity Breaks $900 Million with Super Pump.fun Fundraising 1.5x Target
BlockBeats News, July 9th: The Bitcoin Thunderbolt Network Station's reservation phase ended on July 9th, with the total reservation deposit amount surpassing $900 million, approximately 1.5 times the fundraising amount of Pump.fun.
The Bitcoin Thunderbolt Network Station is used to secure the main network and provide main network revenue distribution to institutional and qualified users. As of today, the reservation phase of the station has ended. Multiple institutions, family offices, and investment institutions participated in the reservation deposit through BTC, USD1, and BRC-20, Runes, and other Taproot-scripted assets. This is the first time that Bitcoin-native assets have been widely used in the main network infrastructure participation scenario.
The second phase of the station will open this week. Qualified institutions and users can activate the station and maximize main network revenue by depositing BTC or USD1 using the $tsUSD limit. The Bitcoin Thunderbolt Network, led by early Bitcoin core developers and the Nubit team, is the only protocol on the current Bitcoin main network that supports native acceleration and stablecoin settlement. In its two months online, it has processed over 4 million on-chain transactions, with the number of unique users exceeding 267,000. Previously, the Trump family's crypto project WLFI integrated its stablecoin USD1 into the Thunderbolt Network, becoming one of the first native settlement assets.
According to earlier news on April 15th, HSBC disclosed that the Bitcoin Thunderbolt Network has introduced UTXO Bundling and OP_CAT instructions through a mainnet soft fork, supporting native asset issuance and high-frequency transaction validation, with on-chain processing efficiency improved by 1,000–2,000 times compared to the Bitcoin main chain.
You may also like

Predicting the World Cup "Showdown": Over 150 projects are gearing up, with a total investment of nearly 6 billion dollars

RootData launches the "A-Level Transparency Project Briefing," directly reaching the cryptocurrency listing decision-making chain

What does DeFi look like that Wall Street wants?

Drift Protocol Hack: Understanding One of the Largest Solana Ecosystem Breaches
Key Takeaways Drift Protocol, a decentralized exchange on Solana, experienced a $270 million hack, making it one of…

Navigating the Drift Protocol Security Incident: What You Need to Know
Key Takeaways On April 2, Drift Protocol experienced a security breach where a malicious actor gained administrative control.…

Upbit and Bithumb Designate DRIFT as a Trading Alert Item
Key Takeaways Upbit and Bithumb have labeled DRIFT as a “trading alert” asset following guidance from the Digital…

“Brother Maji” Faces Potential Liquidation with ETH Long Position
Key Takeaways “Brother Maji” currently holds a substantial 25x leveraged long position of 6,000 ETH. The position was…

Wormhole’s Response to Drift Protocol Incident: Delays in Cross-Chain Transfers
Key Takeaways Wormhole confirmed that user assets remain safe despite the Drift Protocol attack. The Solana ecosystem’s built-in…

Bitget Launchpool and MEZO: Navigating the Crypto Reward Opportunities
Key Takeaways Bitget Launchpool offers a way to earn tokens like MEZO by staking assets. The current MEZO…

XRP Price Prediction: Could Ripple Transform into a National Bank?
Key Takeaways: The OCC’s final rule effective from April 1 disrupts traditional banking, potentially allowing Ripple to emerge…

Ripple XRP Approaches National Bank Status: OCC Rule’s Impact
Key Takeaways: Ripple’s journey to full national trust bank status advanced significantly with the OCC’s new rule on…

Cardano Price Forecast: Is ADA Recovery a Bull Trap?
Key Takeaways: Cardano’s price recovery to $0.27 raises questions about whether this is a genuine trend change or…

BNB Price Prediction: Is Binance’s New Prediction Market a Game-Changer?
Key Takeaways: BNB holds a psychological price level at $614, with bullish momentum fueled by Binance’s prediction market.…

Fed’s Barr Advocates Stringent Stablecoin Oversight Amid Historical Lessons
Key Takeaways: Fed Governor Michael Barr stresses the necessity of rigid stablecoin oversight, referencing historical financial instabilities. The…

Solana Price Prediction: Interactive Brokers Backs SOL, Galaxy Digital Expands Support
Key Takeaways: Solana trades sluggishly at $84, despite backing from Interactive Brokers and Galaxy Digital. Institutional interest positions…

Ethereum Price Forecast: Will ETH Sustain Its Momentum?
Key Takeaways: Ethereum ended March with a 7% gain, vastly outshining Bitcoin’s modest 1% increase. Ethereum showed a…

Gold Price Prediction: Worst Month in 17 Years for Safe Haven
Key Takeaways: Gold prices plunged 12% in March, marking their largest monthly drop since October 2008. Spot gold…

Siren Crypto Crash: A 91% Plunge – Genuine Collapse or Manipulative Play?
Key Takeaways: SIREN token experienced a dramatic decline, shedding 91% from its peak of $3.61 to below $0.30…
Predicting the World Cup "Showdown": Over 150 projects are gearing up, with a total investment of nearly 6 billion dollars
RootData launches the "A-Level Transparency Project Briefing," directly reaching the cryptocurrency listing decision-making chain
What does DeFi look like that Wall Street wants?
Drift Protocol Hack: Understanding One of the Largest Solana Ecosystem Breaches
Key Takeaways Drift Protocol, a decentralized exchange on Solana, experienced a $270 million hack, making it one of…
Navigating the Drift Protocol Security Incident: What You Need to Know
Key Takeaways On April 2, Drift Protocol experienced a security breach where a malicious actor gained administrative control.…
Upbit and Bithumb Designate DRIFT as a Trading Alert Item
Key Takeaways Upbit and Bithumb have labeled DRIFT as a “trading alert” asset following guidance from the Digital…
