Ethereum transactions 338% higher in 2022 but Bitcoin remains most popular
Total transactions on the Ethereum network outstripped Bitcoin more than four-fold, but Bitcoin was still the most searched cryptocurrency of 2022. The Ethereum network eclipsed Bitcoin in terms of total transaction volume last year, though the king of crypto has managed to retain its crown when it comes to online search interest. According to data from Nasdaq and Ycharts shared on Reddit on Jan. 2, Ethereum had 338% more total transaction volume in 2022 (408.5 million) than the Bitcoin network (93.1 million). ETH vs BTC transaction volumes - Nasdaq/Ycharts via Reddit The values shown in the chart are in millions of transaction s with the average daily transaction s at around 1.1 million for ETH and 255,000 for BTC. However, transaction volumes on the Bitcoin network were steadier and more periodic than Ethereum, which experienced much more volatility in transaction volumes. This was due to spikes in demand at certain times such as NFT launches and other gas-guzzling events such as XE...