Rapidz.io provides an in-depth analysis of the monthly transactions of key cryptocurrencies from January 2009 to November 18, 2022 using various on-chain data sources and Rapidz.io proprietary hashed data. The data provided in this study concerns the number of transactions, rather than the trading volume of each coin, and not all coins are measured. For instance, Solana (SOL) can only be tracked within its own blockchain. The findings of the study shed light on the transaction activity of leading cryptocurrencies like Ethereum and Bitcoin. In July 2021, Ethereum saw over 1.1 million daily transactions, which is more than six times that of Bitcoin’s 250,000 daily transactions that same month.
The report also examines the types of transactions that contribute to these figures, including cryptocurrency exchanges and Bitcoin ATMs. Moreover, the study highlights the high market capitalization and price volatility of cryptocurrencies, which attract investors seeking to buy low and sell high.
In this post, we will delve into the monthly transactions of key cryptocurrencies throughout time, providing a visual representation of how these transactions have evolved over the years. Through a video infographic, we will explore the historical trends and patterns of the most prominent cryptocurrencies, shedding light on the growth and adoption of this revolutionary technology.
At Rapidz, a leading crypto gateway, we have witnessed firsthand the explosive growth of the cryptocurrency market and the evolution of digital transactions. With our proprietary data in the field, we understand the importance of tracking the monthly transactions of key cryptocurrencies, not only for investors and analysts but for the industry as a whole.