From "Flowee" / Tom on X:

Today we talked about what our metrics of success are for Bitcoin Cash.

The first observation is that most websites graph the price. This, to most is the beginning and end of it. But that is largely irrelevant for a peer to peer cash.

Lets look with transaction volume. Can't claim to have a lot of usage if you have no transactions.

Using the excellent 3xpl we can see that:

Bitcoin Cash has about 2½ times the volume of Monero.

Bitcoin Cash has about half the volume of Litecoin.

Bitcoin Cash has about a quarter of the volume of BTC.

Mind you, we don't really know how much of that BTC volume is Ordinals.

And to complete the payment coins comparison: we have about 10x the volume of Dash.

Bitcoin Cash does roughly every day 100.000 transactions. With every other day peaking at half a million transactions. With 2 million tx/day peaks too.

For a world wide peer to peer cash, I would argue this is pretty good. Frankly, the volumes are amazingly stable year over year.

Growth would be nice, but the most important part is that 100k tx/day is clearly showing a lot of interest. People are using this.

It has been hard to find graphs on actual transaction volume, everyone is focusing on price. Historical price charts are everywhere. We are really in the time of traders and betting. And that distorts the entire industry.

Focusing on our strengths may be something we need to repeat more often.