The Ethereum network is processing more than double the transaction volume of Bitcoin, and is on-course to process $1 trillion this year.??
.
The third-quarter decentralized finance boom has resulted in the Ethereum (ETH) network processing more than twice the daily transaction volume of Bitcoin (BTC).
.
According to crypto market data aggregator Messari, the 30-day rolling daily average for Ethereum transaction volume is currently $7 billion, with Bitcoin processing less than $3 billion.??
.
If the current trend continues, Messari predicts Ethereum will become the first public blockchain to settle $1 trillion in transfers over a calendar year.
.
Ethereum’s previous strongest calendar year relative to Bitcoin was 2018, when it processed half a billion in volume, which was 59% as much as Bitcoin’s $849 million that year.
.
Bitcoin is on-track for its second-strongest year behind 2018, projected to process $800 million.
.
Source: Cointelegraph
??Cointelegraph
.
.
What do you think though? Let me know in the comments below and don’t forget to like, share, and Follow as well!??
