Number of transactions

What is the “Number of transactions”?

The number of transactions of a particular crypto in the last 24h.

Why is the “Number of transactions” important?

Number of transactions indicator can show the overall activity and liquidity of a cryptocurrency. An increase in the number of transactions is usually a positive sign, since in this case the liquidity of the coin increases and often its price.  Decreasing the number of transactions has the opposite effect.

Data source

Metrics displayed across crypto fundamentals are powered by third-party data providers, which may include Glassnode, Coinmetrics, LunarCrush, and DefiLlama. The specific provider or combination of providers behind any given metric may vary.