What part will the Lightning Network play in the upcoming bull run?
As we enter the next bull run the price of on-chain TX's will inevitably rise, firstly due to the price & secondly due to network congestion.
In my opinion Lightning Network is nowhere near ready for global adoption, however it is a good conduit to free up the TX mempool. There's also a bunch of other off-chain/2nd layer solutions but let's be honest Lightning is currently leading the way.
Personally I've opened a bunch of lightning channels anticipating this fee rise, however it's still an uncertainty how it will all play out. Maybe channels become too expensive to open for the average person & custodial wallets become this next best thing?
Interested in the community's opinion on this.