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Home Crypto News Ethereum

ETH Transactions Spiked 4.5x Surpassing Visa Payments in 2021 : ethereum

by ethozedge
May 6, 2022
in Ethereum
Reading Time: 1 min read
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This isn’t remotely true. The articles only source links to a single tweet

Visa had 188 billion transactions in the year 2020, I assume it’s higher now but let’s just say it isn’t.

Ethereum has been processing about 1.2m transactions a day for the last couple years. So for 2021 let’s be generous and say 1.5m tx/day on average. That’s 550m tx for the year

That’s .2% of the transactions visa processes in a year. Where do these garbage articles come from?



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Tags: 45xbitcoin newscrypto analysiscrypto newsETHEthereumEthoz EdgeLatest bitcoin newslatest crypto newsPaymentsSpikedSurpassingTransactionsVisa
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