A network demand surge describes a sudden and significant increase in the volume of transactions or operations being submitted to a blockchain network. This heightened activity typically results in increased transaction fees and slower confirmation times due to network congestion. Such surges can be triggered by major market events, popular decentralized applications, or large-scale token distributions. It reflects a rapid rise in user interaction with the network.
Context
Network demand surges are regularly reported in crypto news, often coinciding with periods of high market volatility or the launch of popular decentralized applications. These events highlight the scalability challenges faced by many blockchain protocols. They frequently lead to discussions about network upgrades and alternative layer-2 solutions to manage increased traffic.
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