What Happened to Bitcoin’s Transaction Volume?

While Bitcoin is regarded as the king of cryptocurrency, it doesn’t beat out Ethereum in every metric. With a robust ecosystem of decentralized finance (DeFi) protocols, play-to-earn blockchain games, and NFTs, Ethereum’s blockchain handles about 5 times the daily volume of Bitcoin.

As a metric of success, generating fees is a double-edged sword. For one, fees show the demand for a blockchain network. If the network were to have less active users, it’d generate less fees. There’s also…


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