Definition
The full variety of transactions ready within the mempool in numerous measurement (vByte) cohorts.
Fast Take
- The variety of transactions within the mempool has surpassed three-year highs
- Transaction depend surpassed Ordinals hype, and Luna and FTX collapse, exhibiting excessive transaction demand.
- This demand is more than likely from the fallout of Silvergate and SVB; as banks are closed over the weekend, Bitcoin turns into the principle asset for weekend use.
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