New to Busy?

The volume of transactions in the Bitcoin network has recovered to the levels of November 2017

4 comments

grisotti
11
6 months agoBusy

According to Bitcoin Visuals, the volume of transactions on the Bitcoin network reached the end of November 2017.

Screenshot_1.png

Then, just a month before the historical maximum, the first cryptocurrency was trading above $ 8,000.

In November 2017, as well as at present, the Bitcoin network processed about 330 thousand transactions a day:

Screenshot_2.png

Despite the increase in blockchain activity, the share of SegWit transactions is gradually decreasing (green line). The share of such transactions in the total volume is now at 35%, which roughly corresponds to the figures for the beginning of May last year.

The average commission for a bitcoin transaction is now $ 0.12. In November, this figure was at $ 10, and when Bitcoin was near the price maximum at $ 20,000, the size of the transaction commission reached $ 50.

Screenshot_3.png

Comments

Sort byBest