Ethereum now processing more transactions than all cryptocurrencies combined

[ggeorgiev]

Ethereum, the barely two years old digital currency, now processes more transactions than all other digital currencies combined, including bitcoin.

Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.

More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.

More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined

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[Haunebu]

Damn. That is truly something else. I always knew that this coin would perform well, but did not expect this news. Majority of the ethereum transactions are obviously due to the new tokens being created everyday on a regular basis. This is both a good thing and a bad thing. The good thing is that this will instill more confidence in investors looking to invest into Ethereum. The bad thing is that so many scammy coins are being created everyday to scam users which needs to be resolved asap.

[tomahawk9]

No wonder the price has been going up lately, seems to me like caught the attention of some people because of the fast transactions. But according to http://www.blocktivity.info/, STEEM is way faster than Ethereum, with over 770k transactions in the last 24 hours, so i think that website is a bit biased towards ETH. Nevertheless, great news for ETH.

[Endikadija]

Ethereum, the barely two years old digital currency, now processes more transactions than all other digital currencies combined, including bitcoin.

Ethereum currently processes 52.3% of all cryptocurrency transactions, followed by bitcoin at 33%, while Bitcoin Cash, currently third in market cap, is handling only 1.8% as pictured above.

More than half a million transactions were processed yesterday by ethereum, a level that is now becoming common for the platform, rising considerably since early last year when it stood at just 10,000.

More here: http://www.trustnodes.com/2017/11/22/ethereum-now-handles-transactions-digital-currencies-combined

Really really great news, How all of the erc20 token on the ethereum get big pump right now. that makes the network of the ethereum becomes more active than the bitcoin or another chain.
My guess that there will be more coin and that makes the transaction in the ethereum will grow.

[GreatOrchid]

They are being huge at the moment, i dont know why ethereum price is still so low, i mean, they can even be more than $500 at the moment, because a lot of people are now using ethereum because it is really easy to send money using this one.
I sent an ethereum payment yesterday, and it was incredible because it received more than six confirmations in just three minutes, it was the most fastest transaction that i have ever seen, compared to bitcoin that you need to wait more than 10 hours to receive six confirmations if you paid a low fee for that..

[bitcoinmining]

Keep your Ether in the wallet, 2018 will be a lot of fun and we'll hear a lot of good news like this in the early future... This is just a beginning, just watch out some fake and scam ICOs are trying to ruin this show, as Ether community we just need to clean up these scams and protect investors precious ETHs to keep this coin much more safer than ever!

[sconklin321]

I still can not understand why Bitcoin's price is higher than Ethereum. I think the biggest reason for this is news and people talk Bitcoin a lot. Soon Ethereum will pass Bitcoin.

[mikewirth]

I guess, İt's starting to make the Ethereum show, I think, Ethereum's time to come. I am very happy because I have been fully confident Ethereum and invested in Ethereum. I estimate that next year about the price of Ethereum will rise satisfactorily. Hodl.

[Snarks]

The price of Ethereum has been stagnating for a few months. The usual explanation is that Ether is cashed out for fiat after the end of an ICO. But is that really how the price is determined?

[Isaremj3]

Ethereum transaction I'd very fast that makes it better than any others.

[mhine07]

Well its a good news to the other altcoins that is ERC20 etherium based tokens. They will now pump despite the bitcoin price rises. If this will continue until 2018 , i think etherium will definitely be successor of bitcoin . Within the years of etherium its stat rise rapidly in the past few months.

[Willitivity]

Ethereum had really got some great potential, but still undervalued.
If there's any Crypto that can stand up to Bitcoin, I think ethereum is the best bet for that.

[Crypington]

Does that count the ERC tokens riding on their blockchain?  There are now 14,000+ ERC20 token contracts... I still can’t understand how Ethereum transactions have remained quick and cheap with all those ERC20 on their network....

[feelideb]

Ethereum has consistently perform in terms of fast transactions. This performance is making bitcoin look like second currency. Ethereum potential is huge. 2018 is going to be great for ethereum.

[Catmony]

I have never heard of this, transactions over ethereum is high because most of the new ico are running on top of ethereum network and hundreds of tokens which are tradin across different platforms are also eth based. When someone transfer those tokens for trading or when someone invest in new ico all these transactions goes through eth network which is not the case for other altcoins or bitcoin. This can be the real reason behind this....

[coin163]

I believe in it powerful and the bright future. Only reason that bitcoin price is greater than Ethereum maybe his founder Vitalik not hidden as Shatoshi did with Bitcoin haha

[geyayy]

If that is the case, then Ethereum is really something. Although it is still on second rank to bitcoin, Ethereum is the one that is mostly used in ICOs, and ICOs now is becoming more of a rising star. And I must say that Ethereum transactions is much faster.

[keycellko]

This is great news. Ethereum will rise. Many new icos are using the ethereum platform. It is stable and provides faster transactions. Considering there are a lot of new icos and many people are buying alts nowadays, it goes to show that ethereum will be used even more.

[ManishNarula]

Yes happy to see these stats.Ethereum is the coin that I love most. It has good future because it can contribute much to the blockchain infrastructure.

[ggeorgiev]

It just hit $400 lol