r/TheLightningNetwork • u/AuthenticityBTC • 1d ago
Discussion Sunday Oct 25 - LOOP Traffic Spike
On Sunday 25 October 2026, mostly between 10 AM and 5 PM New York time, LOOP, the node behind Lightning Labs' swap service, churned through channels much faster than usual. Over Sunday and Monday it had a net capacity decrease of ▼ 8.5 BTC, with ▲ 32 channel opens (34.4 BTC) and ▼ 40 closes (43.0 BTC). Most of those channels lasted hours, not months. Over the same hours, the peers that route payments to LOOP raised their fees in that direction by 37% on average. Capacity-weighted fees increased 30%. The rest of the network barely moved: the network-wide median fee stayed at about 160 ppm the whole time.
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Full article in the link. I used AI to write it and just read over it. Yes my website sucks, and I don't care.
These LOOP spikes happen once in a while and can cause pretty big, temporary, shifts in liquidity and pricing. I haven't seen any news that would explain it, nor am I going to guess.
I'm happy to publish more insights if I see things I think are interesting or relevant. My biggest constraints are Ideas and Time. Events such as this are a lot simpler, as there's not a lot of complicated analysis that needs to happen.