Red Ethereum processes up to one million transactions per day

Ethereum is being used more and more by many users around the world. In fact, according to the analyzed graphs that reflect the transactions, the network has handled more than one million transactions on May 4, the number last seen at the beginning of February.

Since last April, the number of transactions began to grow again, reaching its peak a few days ago; and the trend does not seem to stop: on May 8, more than 820,000 transactions were recorded. Which leads to think that in the next few days or weeks Ethereum could process a similar amount of transactions as in January 2018, between 900,000 and 1.2 million per day.

It should be noted that the Ethereum community has been discussing possible scale solutions for the network, taking into account that, earlier this year, Ethereum presented slow transaction times and higher rates due to the large number of transactions processed by the network. .

During the last months, some more modern platforms tried to draw attention by saying that they were the contenders of Ethereum. Among these, EOS and TRON, but none of them could register more than 40,000 transactions per day.

In this regard, Justin Sun, founder of the Tron Foundation, tweeted the main differences between Ethereum and his company. And Vitalik Buterin responded by saying that Tron did not even write an appropriate white book.

Currently, Ethereum is one of the most important Blockchain platforms in the market. On the other hand, its native currency Ether (ETH) is emerging as the second most important in the field. To date, each Ether can be purchased for $ 748 dollars and has a market capitalization of a value that amounts to $ 74.33 billion dollars.

In this way, Ethereum shows that several developers and companies choose it as a Blockchain platform.