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Author Topic: Correlation between ETH price and number of transactions on the network  (Read 76 times)
blozo (OP)
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May 09, 2018, 10:33:29 AM
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In this highly manipulated and volatile market, it's comforting to find some correlation between ETH price and the number of transactions on the Ethereum network:

https://etherscan.io/chart/tx

With the increasing usage of the Ethereum network (it is already performing 4X of the daily transactions of the Bitcoin network, 800K versus 200k) and with the implementation of the planned scaling solution (POS, plasma, sharding) we will hopefully see a price increase driven by real fundamentals and not by speculation  Smiley

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