3. Scalability and Technological Improvements:
Scalability remains a challenge for Bitcoin in terms of processing a high volume of transactions quickly. Solutions like the Lightning Network aim to address this issue by facilitating faster and cheaper microtransactions off the main Bitcoin blockchain. Continued technological advancements that enhance scalability, security, and transaction speed could attract more users and investors, positively influencing the price.
I have some bitcoin in my trading account, I paid with it on an exchange recently using lightning network. If it was before and I want to use the trading money to pay, I will prefer to first convert to an altcoin and use it for the payment, but because lightning network was among the payment, I used it which is very cheap.
The best way is to have your bitcoin on a noncustodial wallet, which is a way to have complete control on your own coins. It is not good to save coins on exchanges. But I am just excited that there is something like the lightning network which can help to make transaction fee easy. I know that exchange bitcoin withdrawal fee is high, unlike the onchain transaction fee, but lightning network is helping.
when you withdraw from an exchange via subnetworks like LN. you DONT GET BTC. you receive 'inbound balance' of msats that are a pegged promise.. that balance is not settled/confirmed BTC on your KEY, but still locked to the channel partners UTXO and with a signed promise(which can be broke) so not yet your settled/confirmed btc on your key.
if it didnt happen on the blockchain. its not your bitcoin.. be careful and understand bitcoin more
close your LN channel and claim your BTC before someone routes the value away from you