The Bitcoin market, and the cryptocurrency world in general, may have experienced a significant influx of users as a result of serious targeted campaigns conducted by market players. In fact, the market has seen some very unusual players enter the market of late. One of such is the introduction of institutional trading of cryptocurrencies.
However, as much as these developments have led to many new people getting some clues about cryptocurrencies, especially Bitcoin, and even entering the market to acquire some, significant Bitcoin adoption in relation to the total financial market size is still comparably small, with only a handful of people owning the coins as compared to the huge market population.
At the moment, only about 3 million people are actually active Bitcoin users, and that definitely doesn?t look good to anyone looking forward to the future of Bitcoin as a market dominant and possibly a widely used means of payment.
Indeed, Bitcoin has seen a few market upsets since its debut into the financial market back in 2009. Since then, the pioneer blockchain network has undergone some serious improvements. The Lightning Network is one of such very notable improvements that have greatly improved the network?s efficiency and reliability as a payment system.
Source:
https://zycrypto.com/massive-bitcoin-adoption-could-be-the-gateway-to-another-market-boom/