RATE Group | Ethereum Classic [ETC] sees a hike in transaction volume post Coinbase announcement
37863
post-template-default,single,single-post,postid-37863,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Ethereum Classic [ETC] sees a hike in transaction volume post Coinbase announcement

06 Aug Ethereum Classic [ETC] sees a hike in transaction volume post Coinbase announcement

Posted at 16:37h in Ethereum News by

[ad_1]

On 5th August, Ethereum Classic [ETC] transactions touched figures of 65,560, the highest it has seen this month. The cryptocurrency community speculates that the surge is due to Coinbase’s announcement made on 3rd August that they were in the final stages of testing Ethereum Classic. Soon after which the cryptocurrency is said to be added to the exchange platform.

Ethereum Classic’s highest surge in daily transaction volume took place on the 5th of March, with the transaction volume hitting 101,933. The spike is said to have occurred due to the  ETC – Callisto airdrop. The second highest daily transaction volume took place on 29th July. The transactions during this time had gone up to 85, 587.

The daily transaction volume between 1st March 2018 and 5th August 2018 | BitInfoCharts

The daily transaction volume between 1st March 2018 and 5th August 2018 | BitInfoCharts

There were rumors about the ETC listing several days before Coinbase’s official announcement. Earlier in June, TechCruch had reported their conjecture regarding the same.

Ethereum…

[ad_2]

Source link