Glassnode： By 2024, the trading volume of Bitcoin will increase to $3.2 trillion, with an average daily trading volume of $8.7 billion

Odaily Planet Daily News: According to a report by Glassnode, the user engagement of Bitcoin will significantly increase in 2024, with on chain data showing an average daily transaction volume of $8.7 billion, reflecting the growing economic activity within the Bitcoin network. The company studied the "Transfer Volume" of Bitcoin, which is an indicator that tracks the total amount of BTC transferred on the blockchain. Specifically, Glassnode studied the transfer volume after entity adjustment, excluding internal wallet transfers within the same investor cluster, and only focusing on transactions between different entities. This can more clearly reflect the actual economic trends on the internet, as transfers between individual investor wallets do not make a significant contribution to the market. During this year, there has been a significant increase in transfer volume, especially as Bitcoin prices surpass $100000 by the end of 2024. Although the indicator has since stabilized, the overall growth in trading activity indicates that Bitcoin's role in large-scale financial transactions has increased, with $3.2 trillion in economic transactions processed last year alone. In addition, the realized market value, which measures the true market value of Bitcoin, has also increased significantly during this period, indicating an increase in capital invested by Bitcoin holders.