Ethereum set to become first blockchain to settle $1 trillion in one year

Cointelegraph

Published Oct 22, 2020 11:28PM ET

Updated Oct 23, 2020 01:40AM ET

The third-quarter decentralized finance (DeFi) boom has resulted in the Ethereum (ETH) network processing more than twice the daily transaction volume of Bitcoin (BTC).

According to crypto market data aggregator Messari, the 30-day rolling daily average for Ethereum transaction volume is currently $7 billion, with Bitcoin processing less than $3 billion.

Yearly transaction value for Bitcoin and Ethereum: Messari

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