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Transaction Volume Surge

Definition

A transaction volume surge indicates a sudden and substantial increase in the number of transactions processed on a blockchain network. This refers to a rapid escalation in the aggregate quantity of confirmed transfers, smart contract calls, or other on-chain operations within a specific timeframe. Such a surge often signals heightened network activity, increased user interest, or significant market events. It can lead to network congestion, higher transaction fees, and slower processing times if the underlying infrastructure is not adequately scaled.