Definition
The overall variety of transactions ready within the mempool in several dimension (vByte) cohorts.
Fast Take
- The variety of transactions within the mempool has surpassed three-year highs
- Transaction depend surpassed Ordinals hype, and Luna and FTX collapse, exhibiting excessive transaction demand.
- This demand is most definitely from the fallout of Silvergate and SVB; as banks are closed over the weekend, Bitcoin turns into the primary asset for weekend use.
The submit One thing banks can’t do; clear on weekends, as Bitcoin transactions hit file numbers over weekend appeared first on CryptoSlate.
