Why is there usually less transaction activity on the blockchain at weekends? There's a scientific reason, you know! Come on, check our latest article and find the answer. Be a crypto user who is always updated!
Weekend Phenomenon: Why Does Blockchain Transaction Activity Drop on Weekends?
Hello, Crypto Lovers! 🚀 Have you ever wondered why there is usually less transaction activity on the blockchain at weekends? Are you curious about the scientific reasons? Come on, take a look at the following review!
1. What is Blockchain?: Before we start, it is important for you to know that blockchain is a digital block chain that records transactions. This is where cryptocurrencies like Bitcoin and Ethereum operate.
2. Weekend Phenomenon: Based on data from Etherscan, a blockchain analysis platform, transaction activity on the Ethereum network usually decreases at weekends. Something similar also happened in Bitcoin, based on data from Blockchain.com.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.