Based on latest metrics, Bitcoin (BTC) is retained by Lightning Community, a payment-oriented Layer 2 (L2) protocol, and has declined sharply over the previous 37 days.
Lightning Community's $69 million drainage
Based on information collected by TheBlock.co, the community capability (whole BTC locked to the channel) is at 4,550 BTC, the bottom quantity since September 2023. On February 12, 2025, this determine stood at 5,370 BTC. That’s, 820 BTC ended the system throughout this era.
Supply: theblock.co Information Lightning Community Capability is till March 21, 2025.
At present BTC costs, this $69 million discount brings the full protocol worth locked (TVL) to $383 million. The drop coincides with the expansion of rival L2 options, together with these constructed with the rollup framework, with muted exercise within the base layer of Bitcoin (L1).
It isn’t expensive for customers to shut the lightning channel, as customers depend on on-chain transactions as a consequence of decrease L1 transaction charges. As a result of low charges decreasing the monetary burden of channel administration, contributors are more and more shifting their funds to main Bitcoin chains.
This contraction displays a wider change within the Bitcoin ecosystem, quieting the situations for L1, and decreasing charges reduces the enchantment of sustaining L2 channels. New L2 contributors, using applied sciences comparable to sidechaining and roll-up, can strengthen competitors and steadiness scalability and cost-effectiveness with key factors in Bitcoin's layered structure.
