Binance: Importance of Scalability in Crypto Exchanges
Earlier this month, President Donald Trump’s decision to create a US Crypto Strategic Reserve triggered a rise in crypto trading activity, with investors reacting swiftly to the announcement. This move marked a pivotal shift in the government’s stance on digital assets, incorporating major cryptocurrencies, Bitcoin, Ethereum, XRP, and Cardano, into the nation’s financial infrastructure.
The announcement led to a sharp increase in transaction requests across crypto exchanges, testing their scalability. While some platforms managed the surge effectively, others struggled to keep up. The world’s largest cryptocurrency exchange, Binance, set a record last year by processing 4.4 million requests per second (RPS), showcasing its…
