Can the tps per second of a cryptocurrency impact its price volatility?

1 answers

• Lionvision TechnologyApr 15, 2024 · a year ago
  As an expert in the cryptocurrency industry, I can confidently say that the transaction per second (tps) of a cryptocurrency can influence its price volatility. A higher tps allows for faster and more efficient transactions, which can attract more traders and investors. This increased activity can lead to higher trading volumes and potentially greater price volatility. Conversely, a lower tps can result in slower transaction confirmations and limited trading activity, which may contribute to lower price volatility. It's important for cryptocurrency projects to focus on improving their tps capabilities to enhance user experience and potentially reduce price volatility. At BYDFi, we are constantly working on optimizing our tps to provide a seamless trading experience for our users.
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