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Bitcoin's lower network activity doesn't indicate decline. Instead, it's seen as a long-term investment, with big players buying in and its limited supply fueling future growth and stability.
Bitcoin has been making a lot of news recently, especially after its price crossed US$95,000. But even though it’s doing well in terms of price, there’s one important thing Bitcoin is lagging behind on: network activity. When compared to other cryptocurrencies like Solana, Bitcoin’s daily activity seems low. Does this mean Bitcoin is losing its value? Not exactly. There are several reasons why Bitcoin is still considered a good investment.
Examining Bitcoin's on-chain activity indicates that fewer users are employing it for everyday transactions. As of April 2025, the daily active addresses of Bitcoin numbered approximately 735,000—18% fewer than last year. In the meantime, Solana has over 4.4 million daily active users. On the surface, this would make Bitcoin look like it's falling behind.
But what's interesting: Bitcoin was never actually designed to be utilized similar to other currencies. It doesn't want to be utilized with daily buy/sell strategies. Rather, it's a more digital form of gold—people keep it because they know its value is long-term. Thus, just because fewer are transacting it does not indicate a problem for Bitcoin.
When Bitcoin isn't constantly being traded, it usually indicates that individuals have faith in it in the long term. In reality, over 70% of Bitcoin in existence hasn't been moved in the last six months. This indicates that individuals are acquiring Bitcoin and keeping it—simply like the way individuals purchase gold and hold it securely for years.
This action is referred to as HODLing, which is a fairly popular term in the crypto community. It refers to holding on to Bitcoin even when prices fluctuate. One of the main reasons why Bitcoin continues to draw interest is because it's considered a safe bet for the future.
Even though there’s not as much daily activity, big investors are still interested in Bitcoin. For example, BlackRock, one of the largest investment firms in the world, added US$970 million to its Bitcoin ETF in April 2025. This shows that large investors believe Bitcoin has long-term value, even though it’s not being used for quick transactions.
MicroStrategy, a company that owns more Bitcoin than any other company in the world, has continued to buy more Bitcoin. As of April 2025, it holds around 553,000 Bitcoins, worth about US$37 billion. These companies are not buying Bitcoin to use it for transactions. Instead, they are holding it as an asset that could increase in value over time.
Even with its slower network usage, Bitcoin is still one of the safest bets to park money, given all the economic instability worldwide. With inflation still an issue and geopolitical tensions influencing traditional financial markets, Bitcoin is a good bet because it's decentralized and there's a limited supply—no one can just print more of it.
On top of that, Bitcoin just went through a halving event in April 2024. This reduces the number of new Bitcoins entering circulation, which historically has pushed prices higher. While the future is never guaranteed, Bitcoin’s past performance after halving events suggests that its price could keep rising.
Bitcoin may not be at the forefront of daily transactions, but as a store of value, it's a special asset in the crypto universe. Though newer coins such as Solana might have greater day-to-day activity, Bitcoin is all about long-term value. As more individuals and institutions continue to add to their holdings of Bitcoin, its significance in the financial universe only increases.
For any investor who wants to invest in the long term, Bitcoin remains a good option. Its slower speed isn't an indication that it's running out of steam—it's an indication that more and more people are relying on it as a safe investment.
Bitcoin remains a key player in thecryptocurrency space, even if it's not the most active coin day-to-day. With strong institutional interest, its role as a store of value, and its potential for future growth, Bitcoin is still a smart buy for those in it for the long run.
