Understanding the Effect of Blur (Blur) on Trading Volume
The world of cryptocurrencies in recreation years. With the growth of new coins and chips, merchants had access to a wide range of investment opportunities. (Blur), the cryptocurrency designed for high -performance, low -delay transactions.
In this article,
What is the blur?
Blur is a High-Speed Blockchain-Based Payment Network Designed for Real-Time Payments. This was launched in 2018 by a Taiwanese entrepreneurial group with the aim of creating a faster, safer and more effective method to process transactions. Blur’s Cutting -Edge Technology Allows Current Settlement Times, Reducing Transaction Fees and Increasing Overall Efficiency.
Effect on Trading Quantity
One With its patented network, the blur can handle an impressive number of transactions per second (TPS), making it one of the fastest payment networks. Merchants were able to blur the transactions quickly and efficiently.
According to Coinmarketcap, Blur’s Trading volume has experienced a significant increase. In April 2022, Blur Made an Average of $ 3 Billion a Day, with a few days more than $ 10 billion.
Why do you wash the gameplay for trading quantity?
Many Factors contributed to the impact of Blur Trading Volume:
- Speed : Blur’s Real -time Processing Capabilities Reduce Transaction Fees and have increated overall efficiency.
2.
- Safety
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Comparison with other cryptocurrencies
Compare it to some of their Peers:
* Bitcoin (BTC) : ALTHOUGH Bitcoin is still widely used and accept Blur’s TPS Rival, Cosmos (Atom) Boasts an Impressive 100,000+ Transaction per second.
* etheruum (ETH) : Ethereum scalability issues have restored its acceptance, but its high liquidity and market capitalization make it a strong competitor.
Conclusion
The impact of blur on the trading volume is undeniable. Effe, , The cryptocurrency landscape continues to develop,
Sources:
- CoinMarketCap
- Blur (Blur) Whitapaper
- Blockchain News Network
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