Post by: newshunter on February 17, 2022, 01:01:30 AM
Ethereum addresses have been on a strong, steady increase since last year, but daily transaction volumes and the number of whales on-chain are decreasing.
Source: 18.36M Ethereum addresses joined the network in 2021 (https://cointelegraph.com/news/18-36m-ethereum-addresses-joined-the-network-in-2021)
Would appreciate your opinion about this
Post by: TomPluz on February 17, 2022, 04:39:40 AM
Of course, Ethereum should expect lower volume of transactions and it is because transacting in there can cost a fortune as compared to alternatives like BNB Chain, ADA, XRP, Matic and so much more. Ethereum has the potential to go at par with Bitcoin but for now it is killing that potential by not successfully solving this big problem yet. People are shifting to good alternatives and this can go for now until the genius of Mr. Buterin Vitalik can show up on the door again to get into this incredible problem.