Huoxing Finance reports that on April 7, CryptoQuant stated that the Bitcoin network activity index rebounded after months of decline, with daily transaction volume reaching approximately 615,000—the highest level since November 2024—across multiple metrics including addresses, transactions, and UTXOs. The analysis also noted that Bitcoin fees remain low; under these conditions, exchanges and large holders may be consolidating UTXOs and restructuring funds, with the surge in activity partly driven by operational behavior rather than purely organic demand.
Bitcoin network activity increases, daily transactions reach November 2024 high
MarsBitShare
Summary
Bitcoin news on April 7, 2026, shows a rebound in network activity, with daily transactions reaching approximately 615,000—the highest level since November 2024. According to CryptoQuant, metrics such as involved addresses and UTXOs improved. Analysts noted that low fees may reflect UTXO consolidation and capital restructuring by exchanges and large holders. The increase appears partly driven by operational behavior rather than organic demand. A recent network upgrade could support further growth in on-chain activity.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.