At its peak, the new video feature was uploading 40 hours of video a minute. The peak came with the Miami Heat's victory over the San Antonio Spurs giving the team its second consecutive title. After just 8 hours, the 130 million active Instagram members had posted so many videos, it would take a full year to view all of them.
Earlier this year, Twitter introduced Vine, first for iOS and more recently for Android. Vine allows users to record only 6 seconds of video, but those clips can be tweeted and played inside a tweet.
source: CNET via BGR