$BTC - Bitcoin Reaches One Billion Transactions..

An Average of 178,475 Daily Transactions..

The Bitcoin network has processed its one billionth transaction — marking a huge milestone moment for the network 15 years after its creation.

Clark Moody’s Bitcoin dashboard shows that transaction 1,000,000,000 had been reached, which was mined into block 842,241 at 9:34 pm UTC on May 5, other data shows.

It comes 15 years, four months and four days after Bitcoin (BTC) pseudonymous creator, Satoshi Nakamoto, mined the network’s first block on Jan. 3, 2009.

It means an average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence.

However, the transaction count doesn't include those made on the Lightning Network, a Bitcoin layer 2 network primarily focused on micropayments.

Daily transactions on Bitcoin spiked around the network’s fourth halving event on April 20, including a record high 926,000 transactions processed on April 23.

Despite Bitcoin being the oldest cryptocurrency network, it isn’t the first of its kind to process one billion transactions.

Bitcoin's biggest rival, Ethereum, has processed well over 2 billion transactions since it launched in July 2015, Etherscan data shows.