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Bitcoin is booming, but the blockchain is quiet. We examine how the current state of the market hollowed out the mempool.
Why is Bitcoin’s mempool so quiet while its price surges? Why is Bitcoin’s mempool so quiet while its price surges?
Even as Bitcoin trades near ATH, the network lacks meaningful activity. We look into what’s behind the slowdown.
4 min read
Updated: Jun. 9, 2025 at 3:18 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Bitcoin is booming, but the blockchain is quiet. We examine how the current state of the market hollowed out the mempool.
In this article
Bitcoin, a decentralized currency that defies the sway of central banks or administrators, transacts electronically, circumventing intermediaries via a peer-to-peer network.
Marathon Digital
Marathon Digital Holdings is a digital asset technology company that mines cryptocurrencies with a focus on the blockchain ecosystem and the generation of digital assets.
Foundry
Foundry is a subsidiary of Digital Currency Group that was created to meet the institutional demand for better capital access, efficiency and transparency in the digital asset mining and staking industry.
