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.