Celestia facilitated just 160,000 transactions in the past 13 days
According to MintScan data although Celestia blockchain facilitated 350,000 transactions in the first two days after its launch, it only added 160,000 transactions in the past 13 days. In comparison, Arbiscan data shows that competitor modular blockchain Arbitrum had an average daily transaction volume between 550,000 and 920,000 in the past 7 days. Another indicator of evaluating blockchain scalability is the transactions per second (TPS). According to L2Beat data, Celestia currently has a total of 0.13 TPS, while Arbitrum has 8.01 TPS.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum Holds Above $2,500 Amid Potential Institutional ETF Inflows and Market Stability
UK FCA Proposes Lifting Retail cETN Ban
U.S. Adds 139,000 Jobs, Market Reactions Mixed
U.S. Unemployment Stable, Crypto Market Assessing Implications
Trending news
MoreCrypto prices
More
