Ethereum Reaches 50% of Bitcoin’s Transaction Volumes
According to data by blockchain.info and etherscan, bitcoin is currently handling around 220,000 transaction with a max daily
capacity of around 250,000 transactions, while Ethereum is now handling 125,000.
Ethereum’s current transaction volumes – source etherscan
No other currency comes anywhere close. Litecoin, Dash, Monero and all the rest handle around 4,000 transactions or, at best,
10,000 transactions on a good day. Making Ethereum the only digital currency since bitcoin to handle significant volumes
which currently stand around the same level as bitcoin’s last year.
Who is making all these transactions is not easy to say. Ethereum does currently have around the same market cap as bitcoin
last year, so it might be simply new users, but bitcoin is employed in commerce with some household brands accepting it for
payments.
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