Eight years after the SegWit upgrade, Bitcoin's market cap surpasses $2.2 trillion, while Bitcoin Cash struggles to gain traction, highlighting ongoing community divisions.
On August 1, Bitcoin marks eight years since the Segregated Witness (SegWit) upgrade, which transformed its network and led to the creation of Bitcoin Cash (BCH). While Bitcoin has surged approximately 4,200% since the hard fork, BCH has remained relatively stagnant, trading around $552. Bitcoin's current market cap exceeds $2.2 trillion, contrasting sharply with BCH's $10.9 billion, illustrating the ongoing debate over Bitcoin's primary role in the digital asset ecosystem.