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LQWD Reports Record Transaction Growth and Achieves #1 Rank on Lightning Terminal

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LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) reports record transaction growth and achieves #1 rank on Lightning Terminal. Key highlights:

  • September routing volume: 96,946 transactions (3,231 daily average)
  • Total transactions since November 2021: over 875,000
  • LQWD-Canada node ranked #1 on Lightning Terminal
  • Over 1,200 connected channels globally
  • Strong traction in France, Brazil, Sweden, Italy, Singapore, and Japan
  • Implemented automated rebalancing tools for optimized liquidity management
  • Fees paid in fractions of Bitcoin (Sats)
  • Scalable revenue model positioned for Lightning Network growth

LQWD focuses on expanding its network and enhancing infrastructure to capture market share and increase transaction volumes in the growing Lightning Network ecosystem.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) riporta una crescita record delle transazioni e raggiunge il 1° posto sul Lightning Terminal. Punti salienti:

  • Volume di transazioni di settembre: 96.946 transazioni (media giornaliera di 3.231)
  • Transazioni totali da novembre 2021: oltre 875.000
  • Il nodo LQWD-Canada si è classificato al 1° posto sul Lightning Terminal
  • Oltre 1.200 canali connessi a livello globale
  • Buona presenza in Francia, Brasile, Svezia, Italia, Singapore e Giappone
  • Strumenti di ribilanciamento automatizzato implementati per una gestione ottimizzata della liquidità
  • Commissioni pagate in frazioni di Bitcoin (Sats)
  • Modello di ricavi scalabile posizionato per la crescita della Lightning Network

LQWD si concentra sull'espansione della propria rete e sul potenziamento dell'infrastruttura per catturare quote di mercato e aumentare i volumi di transazione nell'ecosistema in crescita della Lightning Network.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) informa sobre un crecimiento récord en las transacciones y alcanza el puesto número 1 en Lightning Terminal. Aspectos destacados:

  • Volumen de rutas en septiembre: 96,946 transacciones (promedio diario de 3,231)
  • Total de transacciones desde noviembre de 2021: más de 875,000
  • El nodo LQWD-Canadá se clasificó como el número 1 en Lightning Terminal
  • Más de 1,200 canales conectados a nivel mundial
  • Fuerte presencia en Francia, Brasil, Suecia, Italia, Singapur y Japón
  • Herramientas de reequilibrio automatizadas implementadas para una gestión optimizada de la liquidez
  • Comisiones pagadas en fracciones de Bitcoin (Sats)
  • Modelo de ingresos escalable posicionado para el crecimiento de la Lightning Network

LQWD se enfoca en ampliar su red y mejorar la infraestructura para capturar cuota de mercado y aumentar los volúmenes de transacción en el ecosistema creciente de Lightning Network.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF)는 기록적인 거래 성장을 보고하며 Lightning Terminal에서 1위에 올랐습니다. 주요 요점:

  • 9월 라우팅 볼륨: 96,946 거래 (일일 평균 3,231)
  • 2021년 11월 이후 총 거래: 85만 건 이상
  • LQWD-캐나다 노드가 Lightning Terminal에서 1위
  • 전 세계적으로 1,200개 이상의 연결된 채널
  • 프랑스, 브라질, 스웨덴, 이탈리아, 싱가포르 및 일본에서의 강력한 성과
  • 최적의 유동성 관리를 위한 자동 재균형 도구 구현
  • 비트코인(사츠)의 일부로 지급되는 수수료
  • Lightning Network의 성장을 위해 포지셔닝된 확장 가능한 수익 모델

LQWD는 네트워크 확장과 인프라 향상을 통해 시장 점유율을 확보하고 성장 중인 Lightning Network 생태계에서 거래량을 늘리는 데 주력하고 있습니다.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) annonce une croissance record des transactions et atteint la 1ère place sur le Lightning Terminal. Points saillants :

  • Volume de routage de septembre : 96 946 transactions (moyenne quotidienne de 3 231)
  • Transactions totales depuis novembre 2021 : plus de 875 000
  • Noeud LQWD-Canada classé 1er sur le Lightning Terminal
  • Plus de 1 200 canaux connectés à travers le monde
  • Forte traction en France, au Brésil, en Suède, en Italie, à Singapour et au Japon
  • Outils de rééquilibrage automatisés mis en œuvre pour une gestion optimisée de la liquidité
  • Frais payés en fractions de Bitcoin (Sats)
  • Modèle de revenus évolutif positionné pour la croissance du Lightning Network

LQWD se concentre sur l'expansion de son réseau et l'amélioration de l'infrastructure pour capturer des parts de marché et augmenter les volumes de transactions dans l'écosystème en plein essor du Lightning Network.

LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) berichtet von rekordhaftem Transaktionswachstum und erreicht den 1. Platz im Lightning Terminal. Wichtige Highlights:

  • Routing-Volumen im September: 96.946 Transaktionen (durchschnittlich 3.231 pro Tag)
  • Gesamttransaktionen seit November 2021: über 875.000
  • Der LQWD-Kanada-Knoten belegte den 1. Platz im Lightning Terminal
  • Über 1.200 weltweit verbundene Kanäle
  • Starke Präsenz in Frankreich, Brasilien, Schweden, Italien, Singapur und Japan
  • Implementierte automatisierte Neubewertungswerkzeuge für optimiertes Liquiditätsmanagement
  • Gebühren werden in Bruchstücken von Bitcoin (Sats) gezahlt
  • Skalierbares Geschäftsmodell, das für das Wachstum des Lightning Networks positioniert ist

LQWD konzentriert sich darauf, sein Netzwerk auszubauen und die Infrastruktur zu verbessern, um Marktanteile zu gewinnen und die Transaktionsvolumina im wachsenden Lightning Network-Ökosystem zu erhöhen.

Positive
  • Record monthly transaction volume of 96,946 in September
  • Achieved #1 rank on Lightning Terminal for LQWD-Canada node
  • Over 875,000 total transactions processed since November 2021
  • Expanded global presence with over 1,200 connected channels
  • Implemented automated rebalancing tools for improved liquidity management
Negative
  • Transaction fees currently nominal in dollar value

VANCOUVER, BC / ACCESSWIRE / October 3, 2024 / LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) ("LQWD" or the "Company"), a leading provider of enterprise-grade transaction infrastructure for the Bitcoin Lightning Network, is pleased to report a substantial increase in transaction volume and the achievement of a significant milestone.

In September, LQWD's routing volume reached a new monthly high of 96,946 transactions, with an average of 3,231 transactions per day. This growth represents consistent month-over-month increases, bringing the total number of transactions processed through LQWD's infrastructure to over 875,000 since its launch in November 2021.

Contributing to this growth, the Company's LQWD-Canada node recently achieved the #1 rank on the Lightning Terminal, a reflection of the stability and performance of LQWD's network. This recognition underscores the Company's strategic focus on network optimization and efficient channel management.

The increase in activity is also supported by the deployment of automated rebalancing tools, which have optimized liquidity management across LQWD's global network. With over 1,200 connected channels, the Company is seeing strong traction in regions such as France, Brazil, Sweden, Italy, Singapore, and Japan.

LQWD is poised for continued growth as the Company expands its network and enhances its infrastructure. With the global adoption of the Lightning Network accelerating, LQWD is focused on capturing market share and increasing transaction volumes. Fees from transactions are paid in fractions of Bitcoin (Sats: 100M Sats = 1 Bitcoin), which are nominal in terms of dollar value at the present time. However, LQWD's scalable revenue model, which generates fees for each transaction over our infrastructure, positions the Company to benefit from the ongoing growth of the Lightning Network.

For more details, check out LQWD's corporate presentation, and stay updated on Lightning Network node growth or connect to the Company's nodes in real time.

About LQWD Technologies Corp.

LQWD is a Bitcoin-backed, audited publicly traded company focused on building the infrastructure to enable instant, low-cost, internet-powered payments. The Company is committed to delivering enterprise-ready solutions for open payments at scale using the Lightning Network.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: ashley@lqwd.money
Website: www.lqwdtech.com
Twitter: @LQWDTech

Forward-Looking Statements

This release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.

SOURCE: LQWD Technologies



View the original press release on accesswire.com

FAQ

What was LQWD's (LQWDF) transaction volume in September 2024?

LQWD's routing volume reached a new monthly high of 96,946 transactions in September 2024, with an average of 3,231 transactions per day.

How many total transactions has LQWD (LQWDF) processed since its launch?

LQWD has processed over 875,000 transactions through its infrastructure since its launch in November 2021.

What ranking did LQWD's (LQWDF) Canada node achieve on the Lightning Terminal?

LQWD's Canada node recently achieved the #1 rank on the Lightning Terminal, reflecting the stability and performance of LQWD's network.

How many connected channels does LQWD (LQWDF) have in its global network?

LQWD has over 1,200 connected channels in its global network, with strong traction in regions such as France, Brazil, Sweden, Italy, Singapore, and Japan.

How are transaction fees paid to LQWD (LQWDF) for Lightning Network transactions?

Fees from transactions are paid in fractions of Bitcoin (Sats), with 100 million Sats equaling 1 Bitcoin. Currently, these fees are nominal in dollar value.

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