The Bitcoin blockchain lacks meaningful on-chain activity, even as its native token, bitcoin
BTC$108,901.53
, trades near a record per-unit price. That’s according to mempool – a holding area for unconfirmed blockchain transactions waiting to be included in a block by miners.
Trending: State’s Largest Wildfire This Year Prompts Evacuations, Governor Attempts To Blame President Trump
On Satuday, the mempool had just 5,000 odd transactions awaiting inclusion, with the tally rising to 15,000 at press time, still a far cry from 150,000 when BTC’s price first rose above $100,000 in late 2024, according to data source Blockchain.com.
*]:col-start-1 [&>*]:row-start-1 [&_[data-jw-placement-id]]:w-full [&_.jwplayer]:aspect-video [&_.jwplayer]:!w-auto [&_.jwplayer]:!h-auto [&_.jwplayer]:!z-1″>
STORY CONTINUES BELOW
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!