Ethereum Overtakes Bitcoin In This Aspect

Ethereum Overtakes Bitcoin, BTC Remains Crypto King

January 3, 2023 Story: Mohd Javed

Ethereum surpassed Bitcoin in terms of total transaction volume in 2022.

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However, Bitcoin has managed to keep the crown on it head when it comes to online search interest.

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According to data from Nasdaq and Ycharts shared on Reddit on January 2, ETH had 338% more total transaction volume in 2022.

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It is 408.5 million higher than the Bitcoin network which is 93.1 million.

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The values in the chart are in millions of transactions with the average daily transactions around 1.1 million for ETH and 255,000 for BTC.

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Throughout the year, ETH had its ups and downs, but that does not mean that it did not lose value.

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The value of nearly all crypto tokens has fallen this year, including the second-largest coin in the world.

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