BTC adoption snapshot: 1.011 vs 2026-01-01 using 4 Glassnode BTC metrics only

BTC adoption snapshot using 4 Glassnode BTC metrics only.

Current reading:

- Adoption Index: 1.011

- Active Entities: 163,944

- Non-Zero Addresses: 56,154,672

- Lightning Network Capacity: 4,971.03 BTC

- L1 Change-Adjusted Volume: 92,074.70 BTC

Method:

- exact Glassnode BTC metric pages only

- no mixed-source composite

- baselines fixed at 2025-01-01

- index = geometric mean of 4 current/baseline ratios

Baselines:

- Active Entities: 145,000

- Non-Zero Addresses: 52,000,000

- Lightning Network Capacity: 5,358 BTC

- L1 Change-Adjusted Volume: 100,000 BTC

Ratios:

- Active Entities: 1.131

- Non-Zero Addresses: 1.080

- Lightning Capacity: 0.928

- L1 Change-Adjusted Volume: 0.921

Interpretation:

- overall adoption snapshot is slightly above the 2025-01-01 baseline

- breadth metrics are above baseline

- Lightning capacity is below baseline

- on-chain adjusted transfer volume is below baseline

- the positive breadth signal slightly outweighs the weaker LN and L1 flow readings

Data dates used:

- AE: 2026-04-04

- NZ: 2026-04-04

- LN: 2026-04-04

- L1: 2026-04-04

Source metrics:

- Glassnode entities.ActiveCount

- Glassnode addresses.NonZeroCount

- Glassnode lightning.NetworkCapacitySum

- Glassnode transactions.TransfersVolumeAdjustedSum