Transaction Volume
Transaction volume refers to the total value or number of transactions processed on a blockchain or trading platform within a specific period.
How Transaction Volume Works
Transaction volume can be measured by the number of individual transactions or the total monetary value exchanged over a set timeframe: daily, weekly, or monthly. It applies to both blockchain networks (on-chain activity) and exchanges (trading activity). High volume usually signals strong user engagement or market interest.
Why Transaction Volume Matters
Transaction volume helps gauge the health, popularity, and liquidity of a blockchain or asset. In trading, it often indicates momentum or market trends. In blockchain analytics, it’s used to assess network utility and adoption. Analysts, traders, and investors rely on this metric to evaluate performance and make informed decisions.