The founder of the analytical company Reflexivity Research, Will Clemente, shared on his Twitter statistics on the total volume of transactions on the Bitcoin blockchain processed during the year. According to the data, the first cryptocurrency managed to surpass the Visa payment system in this indicator.
According to the analytical company Reflexivity Research, Bitcoin managed to surpass the Visa payment system in terms of total volume of transactions processed. In this on your Twitter Will Clemente noted.
The graph shows that the increase in traffic on the Bitcoin network occurred twice: during the bull run in 2017 and during the cryptocurrency rush in 2021. After this, the transaction volume grew more slowly. Experts attribute Bitcoin’s new round of popularity to the spread of BRC-20 (ordinal) standard NFTs.
Interestingly, the growth of activity on the network continues even now: according to the AMBcrypto publication, on September 15, the number of transactions per day for the first time in history exceeded 700,000. At the moment, only American ACH systems and Fedwire are ahead of Bitcoin.
Author:
Grigori Shcheglov
Source: RB
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