Over $4 trillion crypto transactions has been recorded

4 trillion dollar crypto transactions

4 trillion dollar crypto transactions

Over 3.1 billion transactions were broadcast across two dozen cryptocurrency networks during the past ten years. According to the research, conducted by San Francisco-based Blocknative, the twenty-four blockchains together have facilitated over 4.6 trillion dollar in aggregate transfer value from 2009 to 2019, 96% of which occurred between 2017 to 2019. 259.2 million BTC transactions were recorded in 2019 and 242.8 transactions on Ethereum on the same year.

There is also an increased number of cryptocurrency transactions in Africa, Lagos to be precise as many Africans are buying idea of a digital asset and are heavily investing in the foremost cryptocurrency, Bitcoin. Remember that Africa has been said to be the next big destination for cryptocurrencies.

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