If you’re wondering whether Bitcoin’s still got it, let me assure you—it does. In 2024, the Bitcoin network processed over $19 trillion worth of transactions, proving that the cryptocurrency is alive, thriving, and more relevant than ever. That’s more than double the $8.7 trillion settled in 2023 and marks a significant reversal after two sluggish years. According to Pierre Rochard, vice president of research at Riot Platforms, Bitcoin is cementing its dual purpose: a hedge against inflation and a functioning global payment system. Rochard summed it up perfectly, saying: "The Bitcoin network finalized more than $19 trillion worth of BTC transactions in 2024, decisively proving that Bitcoin is both a store of value and a medium of exchange." That’s no…
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