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BTC $63,030.87 -0.16%
ETH $1,882.55 -0.09%
BNB $610.79 +0.74%
XRP $1.00 -0.24%
SOL $75.39 -0.14%
TRX $0.3318 -0.03%
DOGE $0.0699 +0.05%
ADA $0.1785 -0.83%
BCH $206.24 +1.99%
LINK $9.57 +8.20%
HYPE $56.69 +1.32%
AAVE $86.91 +0.34%
SUI $0.6821 +0.55%
XLM $0.1587 -0.64%
ZEC $490.85 +0.37%

Michael Saylor: Concerns about insufficient Bitcoin block space are gradually fading, and global transfers still maintain low fees

2026-07-09 00:21:03

Strategy founder Michael Saylor stated that after a decade of concerns about the lack of block space and controversies surrounding non-monetary uses, Bitcoin still does not have the so-called "spam transaction problem." Currently, the Bitcoin network transaction fee is about 1 sat/vB, and anyone can quickly transfer any amount of Bitcoin globally at a cost of approximately $0.3.

The market's free mechanism has been addressing the challenges faced by Bitcoin block space.

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