There are 22 blocks worth of transactions waiting to be confirmed, but fees are low (~3 sats/vByte). Of course, last time fees were really high, it was probably because of the ordinals weirdos -- which may or may not count as Bitcoin adoption depending on who you ask.
Price isn't bad, but it's been a lot higher. We were at $70k in 2024, so there's not much to write home about on this front.
Square just made accepting bitcoin transactions default-on for all its terminals (although I still haven't found one that was ready to accept bitcoin -- mostly because everybody seems to use Toast).
What is your reliable measure of Bitcoin adoption?
When normies who don't know you are a Bitcoiner talk to you about Bitcoin.
It's simple: the best indicator of Bitcoin's adoption is the fact that it has been operating nonstop for 17 years. Everything else is just noise (in my opinion).
Fees are only 0.13 sat/vbyte.
No they didn't. Square is refusing to do this because accepting Bitcoin is "reckless": https://x.com/tmknsm/status/2038657001694118274
https://twiiit.com/tmknsm/status/2038644703545929792
Roughly speaking, I’d say that the volume and transactions on the timechain and on the LN are the main indicators.
It's not reliable, but I go by how much I'm using it, how much it's relevant to my day-to-day life (excluding my chosen profession), and how much my frens (bitcoiners included) are using self-sovereign bitcoin setups day-to-day. And it'd be reasonable to round either of those to near zero.
I don't think that will change until we have something with lightning-like payment properties that doesn't require federation-like trust.