High transaction volume indicates a significant number or value of cryptocurrency transactions occurring on a blockchain network within a specific timeframe. This metric suggests strong network activity and liquidity. It often correlates with heightened market interest, price movements, or substantial transfers of digital assets.
Context
In crypto news, high transaction volume is frequently cited as a sign of a healthy and active network, reflecting robust user engagement or increased trading activity. Sustained high volume can validate price trends and provide insights into market sentiment, while a decline may signal waning interest or reduced liquidity.
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