The Ethereum network is processing more than a million transactions per day. At its peak, the Ethereum network settled over 1.4 million transactions within 24 hours, demonstrating a daily transaction volume that is seven times larger than that of the Bitcoin network. The recent surge in the Ether’s price can be attributed to the progress in the Ethereum open-source development community that has directed in scaling the network.
The Ethereum network is processing more than a million transactions per day. At its peak, the Ethereum network settled over 1.4 million transactions within 24 hours, demonstrating a daily transaction volume that is seven times larger than that of the Bitcoin network. The recent surge in the Ether’s price can be attributed to the progress in the Ethereum open-source development community that has directed in scaling the network.