Bitcoin’s network demand has shifted materially over the past several years, moving beyond its origins as a peer-to-peer payment system into an institutional-grade asset and settlement network. Spot Bitcoin ETFs, expanding corporate treasury adoption, and new on-chain activity have altered how blockspace is consumed and how fees are formed. As demand diversifies, infrastructure projects focused on transaction execution and routing are receiving increased scrutiny. One such project is Bitcoin Everlight, which is expanding a lightweight transaction layer alongside Bitcoin while operating a staged public presale.


