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27 September 2020

Hedera now processes 1.5M transactions per day, surpassing Ethereum » CryptoNinjas

Hedera now processes 1.5M transactions per day, surpassing Ethereum » CryptoNinjas


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Hedera Hashgraph, an enterprise-grade distributed ledger platform, announced significant milestones achieved during the first year since Open Access of the network on September 16th, 2019.

Hedera saw dozens of applications go live with the network becoming openly accessible to the public a year ago, with new applications being launched regularly over the last twelve months.

During its first year as a publicly available distributed network, Hedera averaged approximately 750,000 transactions per day, almost the same as the Ethereum network over the past year.

Over the past month, the Hedera Hashgraph network processed an average of 1.5 million transactions per day, almost double that of the Ethereum network.

Unlike other public decentralized networks, the Hedera Hashgraph network fees do not fluctuate significantly as network utilization grows.

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