Growing Crypto Adoption Sees Ethereum’s Transaction Volume Rivaling Visa

June 7, 2023 08:50:00

Ethereum, despite being relatively young compared to traditional payment giants such as Visa, has demonstrated remarkable growth and established itself as a formidable force in the blockchain realm. In only a decade, blockchain technology has evolved into a significant player that rivals established financial institutions.

According to recent data from Coingraph, Ethereum processed $3.01 trillion in transactions last year, just shy of Visa’s $3.08 trillion total. This number emphasizes how widely used this emerging technology is…

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