Data show: July BCH chain trading volume surged more than 900% compared with March

According to CCN news, CoinSpice data shows that as of now, the volume of transactions on the BCH chain has soared from $7 billion in March to $71 billion in July, an increase of over 914%. Some people blame the price increase for the manipulation of the volume. But further research shows that UTXO (unconsumed transaction output) is also gradually increasing, and now exceeds the 2017 bull market level, which means more people buy BCH and transfer it to their wallet.