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On August 8, 2023, the BSV blockchain processed 128.691 million on-chain transactions in a 24-hour period, with a fee per transaction of $0.000005. This demonstrates the blockchain’s capability to power applications that utilize micropayments at scale. Calvin Ayre, founder of Ayre Group and CoinGeek, highlighted the importance of on-chain scalability, as it gives enterprises and startups confidence to build on the BSV blockchain. Critics may say that the 128+ million transactions are not due to real demand, but this record-breaking day will be a blip on the radar as BSV blockchain scales to enterprise levels.