There Have Been More Than 3.1 Billion Crypto Transactions Over the Past Decade

There Have Been More Than 3.1 Billion Crypto Transactions Over The Past Decade
  • 96% of the aggregate value of all crypto transactions was sent between 2017 and 2019

San Francisco-based crypto research firm Blocknative has tallied up the total crypto transactions across the 24 more post popular cryptocurrencies between 2009 and 2019, and found that there have been over 3.1 billion crypto transactions in the past decade.

Other interesting stats are that these 3.1 billion transactions have a total value of USD 4.6 billion, and 96% of this total aggregate value was sent between 2017 and 2019. Further, in 2019 alone there were 1.1 billion crypto transactions.

Blocknative also made some projections for the future, including that Bitcoin and Ethereum will each have over 1 billion transactions per year by 2023, and that the 24 crypto networks analyzed in this study could have 20 billion total transactions in the next 5 years.

Overall, this report presents solid evidence that cryptocurrency use has been rapidly accelerating in recent years, and all signs point towards this growth continuing over the next decade.

 

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