So mempool backlog has been exploding again. With almost 100k btc awaiting confirmation and people waiting hours/days for their transaction to be included in a block, how do you guys think this will affect the price and adoption of bitcoin? Will it be resolved, if so, how?
The only valid number you can estimate bitcoin network capacity is ability to process transactions. Number of sent/received BTC doesn't matter.
Currently (this number is constantly changing, it won't be the same when you will see it) we have about 4200 Unconfirmed Transactions, 10 minutes ago when I checked- it was ~2000.
In the past, it was time, when this number was stuck above 10k unconfirmed transactions.
Reference:
https://blockchain.info/unconfirmed-transactions