Ethereum network’s daily transaction volume is 28% higher than Bitcoin’s

Editor's Note: This article comes fromCointelegraph Chinese (ID: CointelegraphChina), Author: SAMUEL HAIG, reproduced by Odaily with authorization.

Editor's Note: This article comes fromETHCointelegraph Chinese (ID: CointelegraphChina)BTCCointelegraph Chinese (ID: CointelegraphChina)

, Author: SAMUEL HAIG, reproduced by Odaily with authorization.

According to data from crypto analytics firm Messari, Ethereum (

) daily transaction volume on the network is now higher than that of Bitcoin (

) Network 28%.

——Ryan Watkins (@RyanWatkins_)On Jan. 19, Messari researcher Ryan Watkins tweeted that daily transaction volume on the Ethereum network "is growing parabolicly," with a chart accompanying the tweet showing that over the past 24 hours, Ethereum and Ether The Fang-backed stablecoin has processed $12.3 billion in transactions, while USDT, issued on top of Bitcoin’s Omni protocol, is dwarfed by its daily transaction volume of $9.3 billion.

Ethereum’s daily transaction volume is growing parabolicly.DEXToday, the Ethereum network processes $12 billion in daily transactions, $3 billion more than the Bitcoin network.

Imagine not being bullish on ETH.

January 19, 2021

This data does not include the transaction volume of the Ethereum non-stablecoin ERC-20 to avoid double counting(Decentralized exchange) trading volume.While The Blockchain Center’s data shows that Ethereum’s transaction volume has not surpassed that of Bitcoin, the flip index shows that Ethereum has already surpassed Bitcoin in terms of number of transactions and total transaction fees.

The data also shows that in recent months, the number of Ethereum nodes has increased several times.Blockchain Center

After reaching 94% of Bitcoin, and according to the data estimates, Ethereum's transaction volume is now equivalent to 57% of Bitcoin's transaction volume after rebounding to a record 76% last week.estimateimage description

Flip index:Despite ethereum’s momentum, the index shows that ethereum has only 14% of Google searches compared to bitcoin, and ethereum’s market capitalization is only 21% of bitcoin’s. However, Messariestimate