Wu Blockchain (@WuBlockchain): According to Julio Moreno, head of research at CryptoQuant, the number of transactions on the Bitcoin network has dropped to its lowest point since Ma…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- BTC-20Negative
According to Julio Moreno, head of research at CryptoQuant, the number of transactions on the Bitcoin network has dropped to its lowest point since March 2024; Bitcoin Mempool usage is currently low and transaction fees have been reduced to 1 sat/vb. The pool of unprocessed transactions on the Bitcoin network dropped dramatically on Saturday due to a drop in network activity, resulting in multiple blocks being mined without being fully filled with transactions. x.com/jjcmoreno/stat…