Coinbase, the largest U.S.-based crypto exchange, has revealed that 15% of Bitcoin transactions on its platform are now processed via the Lightning Network, according to a recent statement by Lightspark CEO David Marcus (Lightspark Blog).
The integration, which went live in early 2024, enables users to send Bitcoin instantly and with near-zero fees. Coinbase partnered with Lightspark, a firm building Lightning Network infrastructure, to streamline adoption without compromising on speed or security.
“This milestone shows Lightning is no longer theoretical. It’s real, scaled, and driving significant transaction volume,” said Marcus.
The success comes amid broader Lightning Network expansion, with payment support spreading across merchants and platforms—including Steak ‘n Shake and Revolut (Nasdaq, CoinDesk).
Analysts say Coinbase’s growing Lightning share highlights increasing user demand for fast and low-fee Bitcoin payments, and could signal a shift away from traditional Layer-1 blockchain usage for small transactions.
