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Crypto Thursday: Average Transaction Volume for top Utility Tokens

Oct 11, 2018

The Data Daily: Where the charts tell the story

This week we look at the average transaction volume for top utility tokens over the last year.

 

Transaction volumes in utility tokens have trended down in-line with initial coin offering (ICO) funding levels. Ethereum's transaction volume is near 1-year lows while ICO funding in September was at the lowest level in 17 months -- October ICO funding levels are on pace to be even lower.

 

Cardano (ADA) Average Transactions Volume (USD) - 1 Year

Ethereum (ETH) Average Transactions Volume (USD) - 1 Year

Ethereum Classic (ETC) Average Transactions Volume (USD) - 1 Year

NEM (XEM) Average Transactions Volume (USD) - 1 Year

NEO (NEO) Average Transactions Volume (USD) - 1 Year

Source: Coin Metrics all graphs