Bitcoin, the world’s oldest and most expensive cryptocurrency, has now been used in over a billion transactions.

Bitcoin was the first and most valuable digital currency. This week, it completed its one billionth transaction, which is a big deal.

Bitcoin has been around since 2009, so it took fifteen years to reach this important milestone. The Bitcoin community celebrated on social media sites. On world platforms like CoinMarketCap, the price of Bitcoin is about $63,582 right now.

Clark Moody’s Bitcoin screen showed that this important event happened on May 5 at block number 842,241. As of May 7, 2010, more than 1,000,701,505 Bitcoin transfers have been made.

Nischal Shetty, founder and CEO of the Indian cryptocurrency exchange WazirX, talked about how important this event was for the Web3 community. He was excited about what the future could hold and imagined a time when the Web3 environment could see a billion deals every day.

The Bitcoin network has been around for 5,603 days, since the first block was mined on January 3, 2009. It has handled an average of 178,475 transactions per day during this time, excluding transfers made through the lightning network, which makes transactions faster.