比特幣 (BTC) 交易量 2024 年大幅反彈，達到 19 兆美元

比特幣在 2024 年達到了歷史性的里程碑。這一驚人的復甦反映了在幾項重大事件的推動下投資者信心的恢復。

Bitcoin Surges Past $19 Trillion in Network Transactions, Signaling a Return to Glory Days

比特幣網路交易額飆升至 19 兆美元，標誌著回到輝煌歲月

Bitcoin is experiencing a remarkable resurgence in 2024, with network transactions skyrocketing to over $19 trillion. This surge marks a significant shift from the past two years, which saw a continuous decline in transaction volume.

2024 年，比特幣將迎來顯著復甦，網路交易額飆升至超過 19 兆美元。這一激增標誌著與過去兩年交易量持續下降的重大轉變。

The return of investor confidence is a key factor driving this spectacular recovery, which is largely attributed to several major events. The approval of Bitcoin ETFs in the United States has facilitated the entry of institutional capital, while the halving in April 2024 has increased the scarcity of BTC, fuelling demand for the cryptocurrency.

投資者信心的恢復是推動這一驚人復甦的關鍵因素，這在很大程度上歸功於幾個重大事件。美國比特幣ETF的批准促進了機構資本的進入，而2024年4月的減半則增加了BTC的稀缺性，刺激了對加密貨幣的需求。

At the same time, the network has also seen a substantial increase in strength, with the hashrate reaching an unprecedented level of 1,000 exahashes per second. This بلا خلل تقني reflects the commitment of mining companies to maintaining the security of the Bitcoin blockchain despite rising energy costs and increased competition.

同時，網路強度也大幅提升，算力達到前所未有的每秒 1,000 exahash。儘管能源成本不斷上升，競爭日益激烈，但這份報告反映了礦業公司對維護比特幣區塊鏈安全的承諾。

Behind these staggering figures, a shift is occurring. Bitcoin is consolidating its status as both a store of value and a global transactional infrastructure, raising questions about its future and role in traditional finance.

在這些驚人的數字背後，正在轉變。比特幣正在鞏固其作為價值儲存手段和全球交易基礎設施的地位，引發了人們對其未來及其在傳統金融中的作用的質疑。

A Spectacular Rebound in Bitcoin Transaction Volume

比特幣交易量大幅反彈

The bitcoin is making a strong comeback in 2024, ending two years of decline. Indeed, the network recorded over $19 trillion in transactions, more than double the $8.7 trillion processed in 2023. According to Pierre Rochard, Vice President of Research at Riot Platforms, “this figure decisively proves that bitcoin is both a store of value and a medium of exchange.”

比特幣將在 2024 年強勢回歸，結束兩年的下跌。事實上，該網路記錄的交易額超過19 兆美元，是2023 年處理的8.7 兆美元的兩倍多。價值儲存手段，也是一種媒介」的交換。”

This surge in activity is no coincidence. The approval of Bitcoin ETFs in the United States opened the door to a massive influx of institutional capital. At the same time, the demand for BTC payments has intensified, spurred by the rise of the Lightning Network, which reduces costs and accelerates transactions. In this context, bitcoin is no longer limited to a speculative asset. It positions itself as a global financial infrastructure capable of handling colossal volumes with unmatched security.

這種活動激增並非巧合。美國比特幣ETF的批准為機構資本大量湧入打開了大門。同時，由於閃電網路的興起，降低了成本並加速了交易，對比特幣支付的需求加劇。在這種背景下，比特幣不再局限於投機資產。它將自己定位為全球金融基礎設施，能夠以無與倫比的安全性處理巨大的交易量。

Structural Factors Supporting the Rise of Bitcoin

支持比特幣崛起的結構性因素

The rise of bitcoin is not limited to transaction volumes. Thus, the network’s security has reached an unprecedented level, with a spectacular increase in hashrate. By early January 2025, computing power reached a record of 1,000 exahashes per second (EH/s) before dropping to 775 EH/s. This progress reflects the commitment of mining companies, willing to invest in more efficient infrastructures despite rising energy costs and increased competition.

比特幣的崛起不僅限於交易量。因此，網路的安全性達到了前所未有的水平，哈希率也出現了驚人的增長。到 2025 年 1 月初，運算能力達到每秒 1,000 exahashes (EH/s) 的記錄，然後降至 775 EH/s。這項進展反映了礦業公司的承諾，儘管能源成本不斷上升，競爭加劇，但他們仍願意投資更有效率的基礎設施。

Meanwhile, the distribution of hashrate is evolving. American mining pools captured over 40 % of the total power in 2024, reinforcing their influence on the ecosystem. However, Chinese pools maintain a dominant position, despite government restrictions and increased scrutiny. This gradual shift highlights a major issue: bitcoin remains decentralized, but its geopolitical balance is in constant flux, influenced by regulatory developments and the industrial strategies of major mining powers.

同時，算力的分佈也在不斷演變。到 2024 年，美國礦池將獲得超過 40% 的總電力，增強了其對生態系統的影響力。然而，儘管政府有限制和審查力度加大，中國的礦池仍保持著主導地位。這種逐漸的轉變凸顯了一個主要問題：比特幣仍然是去中心化的，但其地緣政治平衡不斷變化，受到監管發展和主要礦業大國產業戰略的影響。

The rapid rise of bitcoin in 2024 creates as many opportunities as questions. With transaction volumes surpassing $19 trillion and a price that peaked at $108,000, the enthusiasm for this asset has never been stronger. This dynamic attracts long-term investors, as well as more speculative players, which could intensify market volatility.

2024 年比特幣的快速崛起創造了與問題一樣多的機會。隨著交易量超過 19 兆美元，價格達到高峰 108,000 美元，人們對這項資產的熱情從未如此強烈。這種動態吸引了長期投資者以及更多投機者，這可能會加劇市場波動。

At the same time, the issue of scalability becomes central. The rise of the Lightning Network and other second-layer solutions appears essential to absorb this growth without burdening fees and transaction times. Furthermore, the increasing prominence of Bitcoin ETFs strengthens the ties between BTC and traditional finance, making the asset more accessible but also more exposed to macroeconomic fluctuations and regulatory pressures.

同時，可擴展性問題成為核心。閃電網路和其他第二層解決方案的興起似乎對於在不增加費用和交易時間負擔的情況下吸收這種增長至關重要。此外，比特幣 ETF 的日益突出加強了比特幣與傳統金融之間的聯繫，使該資產更容易獲得，但也更容易受到宏觀經濟波動和監管壓力的影響。

While 2024 marks a key milestone in Bitcoin’s history, the future of the network will depend on its ability to reconcile institutional adoption and the preservation of its decentralization. This fragile balance will shape bitcoin’s role in the global financial landscape in the coming years.

雖然 2024 年標誌著比特幣歷史上的一個重要里程碑，但該網路的未來將取決於其協調機構採用和維持去中心化的能力。這種脆弱的平衡將決定比特幣在未來幾年全球金融格局中的角色。