Research Indicates Bitcoin Transaction Volume Surpasses Visa

Bitcoin now records an annual transaction volume of US$20 trillion, surpassing Visa which stands at US$13 trillion. This record was released by one of the Swiss digital asset banks, Sygnum.
This achievement marks a significant change in the role of Bitcoin as a global financial tool that is increasingly sought after by institutions. In the last month, the price of Bitcoin surged by 20%, briefly touching a new record of US$123,000, with a market capitalization nearing US$2.4 trillion.
According to Sygnum's Chief Client Officer Martin Burgherr, this surge is driven by institutional purchases through ETFs, government involvement, and corporate cash reserve strategies that tighten supply.
"The fundamental Bitcoin is currently very strong. Massive accumulation by institutions, government involvement, and strategic placement in corporate treasuries are making its supply increasingly limited," said Burgherr.
It also added regulatory clarity through the GENIUS and CLARITY Acts, which increased long-term investor confidence in Bitcoin's role as a macro hedge.
Sygnum's report also reveals that the supply of Bitcoin held on exchanges is now at its lowest point in the last seven years. More than 45% of it has not changed hands for over three years, reflecting high confidence among its holders.