The number of transactions (30-day Moving Average (MA)) on the Bitcoin (BTC) blockchain has exploded over the past three weeks, hitting a 17-month peak on April 10.
The number of Bitcoin transactions (30D MA), which shows the total number of confirmed on-chain transactions per day, has surged to 514,758 at press time. As such, the number of transactions (30D MA) for BTC retested the same level it was in mid December 2024, according to metrics from Glassnode.
The number of Bitcoin transactions (30-day Moving Average). Source: Glassnode
Additionally, this on-chain metric surged above the level it was at in mid-September 2025, right before Bitcoin’s price surged to an all-time high (ATH) in the subsequent days. Notably, the smoothened network usage has rallied to the highest level in 2026, thereby signaling a potential healthy bull market in the near term.
On-chain activity for Bitcoin surges amid bullish sentiment
The rise in on-chain activity on the Bitcoin network has co
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