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ETH Transactions Near Record High as Miners Spam the Network

The number of daily transactions on Ethereum passed one million recently, as mining pools spam the network, the Cointelegraph writes. The number of daily transactions on the Ethereum network is approaching all-time high levels amid the rise of stablecoins and DeFi tokens — and with some miners reportedly spamming the network.  Daily usage on Ethereum […]

Bitcoin Network Is Moving $3 Billion Daily, Up 210% Since April

Bitcoin’s average transaction volume is topping $3 billion per day, data from crypto analytics site Coinmetrics.io reveals as of July 16. Bitcoin’s Uptrend in Daily Transaction Value Eclipsing Altcoins’ The data — which has been adjusted to remove noise and certain artifacts, per Coinmetrics — shows an impressive uptrend in the USD value for the volume of […]

Bitcoin Transaction Volume Shows Signs of Bull Market as Quarterly Trend Reverses

On-chain transactions on the bitcoin (BTC) network hit fresh highs not seen since 2017 in April, industry newsletter Diar noted on April 30, quoting blockchain data provider TokenAnalyst. Continuing a trend that had already started at the end of March, on-chain transaction volume hit a 14-month high in April, the CoinTelegraph reported. This, Diar notes, is similar to the […]