Bitcoin Cash and Bitcoin SV fall behind Dash in terms of daily transaction volume

Over the past two months, Dash [DASH], the 15th largest cryptocurrency on the market has dashed ahead of both Bitcoin Cash [BCH] and Bitcoin SV [BSV] in terms of the sheer number of daily transactions.

Bitcoin Cash endured a hardfork in mid-November 2018, giving rise to Bitcoin SV which has, within a short period of time, solidified its place in the top-10. However, since the spilt, the two coins have been trading with bearish momentum, leading to a decrease in investor interest.

According to data cited by CoinMetrics, the transaction count for Dash has been consistently better than that of Bitcoin Cash and Bitcoin SV, noticeably in the recent few days. After the hardfork split Bitcoin Cash, the rival factions were marred in a hashwar, which significantly affected the transaction volume of the two coins.


Share this: