BULLISH 📈 : SDM Completes $1M Transaction via Lightning Network to Kraken

Secure Digital Markets executed a $1 million transaction to Kraken using Bitcoin's Lightning Network on January 28, 2026. This marks the first publicly disclosed seven-figure payment on the network, completed almost instantly with minimal fees.

  • The Lightning Network is designed for small transactions but now shows capability for larger, institutional payments.
  • Voltage’s managed node infrastructure facilitates this capacity, offering reliability and liquidity needed by major players.
  • Mostafa Al-Mashita from SDM views this as a shift in global settlement architecture, highlighting Bitcoin’s capacity for institutional use.

Lightning Network Capacity and Usage Growth

  • As of December, Lightning Network's capacity reached an all-time high of over 5,600 BTC, up from 4,200 BTC earlier in 2025.
  • The network operates with about 17,300 nodes and 40,900 active channels, reflecting a trend towards higher-capacity channels.
  • Lightning handles around 15% of Bitcoin payments for merchants, nearly double that of 2023. Major exchanges like Binance have added significant liquidity.
  • LQWD Technologies reported routing over 2,012 BTC across 2 million transactions by December, indicating robust infrastructure support.

This pilot could signal a shift from micropayments to a settlement network for high-value transfers, pending further adoption by traditional finance sectors.

Graph of Lightning Network capacity over time | Source: Bitcoin Visuals