Markets· ★★· bullish·

Bitcoin daily transactions recover to 800,000, up 20.6% day over day

  • —Oct. 20 saw about 800,000 transactions versus 664,000 a day earlier
  • —Up 25.5% from the Oct. 18 low of 637,000 transactions
  • —Still 13.8% below the April 23, 2024 peak of roughly 928,000
  • —Mempool snapshot on Oct. 21 showed about 55,000 pending transactions
Why it matters: Rising on-chain activity signals returning demand for block space, though volumes remain well below the 2024 highs.
Source: TokenPost