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Dash Trade Volumes Soar 282% in 2020 as Users and Retail Payments Grows
Summary: The cryptocurrency Dash recorded impressive growth in 2020 as average daily trade volumes, users and retail payments grew considerably. During its fourth-quarter livestream on Thursday, Dash Core Group reported that average trade volumes jumped 282% year-over-year, from $9.8 million to $37.4 million. On a quarterly basis, average trade volumes increased by 48%. The total volume ...
The cryptocurrency Dash recorded impressive growth in 2020 as average daily trade volumes, users and retail payments grew considerably. During its fourth-quarter livestream on Thursday, Dash Core Group reported that average trade volumes jumped 282% year-over-year, from $9.8 million to $37.4 million. On a quarterly basis, average trade volumes increased by 48%.
The total volume of payments hit $916 million, up 80% from the previous year. Commercial payment values rose 37.3% year-over-year, exceeding 22,000 transactions per day.
The quarterly report indicated that DASH is currently accepted as a payment method at thousands of stores, which is a reflection of growing mainstream adoption. “In January, Dash outperformed Bitcoin in terms of the number of brick-and-mortar retailers accepting digital payments in the United States,” Dash Core Group said.
By Amy Liu
Tags: Crypto,DASH,Payments,Trade Volumes
Link: Dash Trade Volumes Soar 282% in 2020 as Users and Retail Payments Grows [Copy]
