Bitcoin: Has Total Transacted Value Truly Exceeded $100 Trillion? The Answer Explained
The question buzzing around the crypto world is: Did Bitcoin\'s total transacted value cross the $100 trillion mark? The answer is a complex one, requiring careful consideration of data sources and definitions.
Bitcoin Reaches Landmark: $100 Trillion Transacted?
Reports indicate that Bitcoin has reached a new landmark. In a tweet, an on-chain researcher at ARK Invest, David Puell, shared a Glassnode chart highlighting that the Bitcoin BTC/USD has seen over $100 trillion in total value transferred over its blockchain since it was first created. What Happened: Glassnode data shared by Ark supports this claim.
Decoding the $100 Trillion Figure
This impressive figure represents the cumulative total value of all Bitcoin transactions since its inception. However, understanding what constitutes a "real" transaction is crucial.
The on-chain analytics firm Glassnode has revealed how much of the total cumulative Bitcoin volume reflects \'real\' transactions. This means that not all of the $100 trillion represents purely economic activity. Some portion could include transactions moving Bitcoin between wallets controlled by the same entity, or other non-economic activity.
Perspective: Bitcoin Transaction Volume Growth
To put this milestone into perspective, consider the growth trajectory of Bitcoin\'s transaction volume. For example, Ark Bitcoin closed 2025 with a staggering $19 trillion in transactions settled on its network, marking a dramatic rebound from the previous years’ slump. That figure more than demonstrates the network\'s capacity to handle significant value transfers.
Conclusion: A Significant Milestone, Requiring Nuance
So, did Bitcoin\'s total transacted value cross $100 trillion? YES. But it\'s important to remember that this figure represents the total value transferred, including potentially non-economic transactions. While the exact proportion of "real" economic activity within that $100 trillion is debatable, the milestone signifies Bitcoin\'s substantial growth and increasing role in the global financial landscape.