In a recent tweet, Roger Ver, the prominent advocate and owner of Bitcoin.com, claimed that Bitcoin Cash (BCH) has become the second most used cryptocurrency in the world. To support his assertion, Ver shared data from the blockchain analytics platform BitInfoCharts, comparing on-chain transaction volumes between BCH and Ethereum (ETH). The data reveals a compelling trend: since the beginning of the year, BCH has consistently surpassed ETH in average on-chain transaction value, trailing only behind Bitcoin (BTC).
This growing usage positions BCH as a serious contender in the global digital currency landscape—not just as an investment asset, but as a practical medium of exchange. Let’s explore why this shift is happening and what it means for the future of decentralized payments.
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Why Bitcoin Cash Is Gaining Ground
1. Inherent Advantages of Larger Block Sizes
One of the most significant technical differentiators of Bitcoin Cash is its larger block size limit—currently up to 32MB compared to Bitcoin’s 1MB. This architectural decision enables BCH to process more transactions per block, directly resulting in lower fees and faster confirmation times.
According to BitInfoCharts, as of recent data:
- Average BCH transaction fee: $0.0026
- Average ETH transaction fee: $0.119
- Average BTC transaction fee: $0.676
Even during periods of low network activity, BCH maintains a clear cost advantage. During market volatility or high demand, when Ethereum gas fees can spike into double or triple digits, BCH remains stable and affordable—making it ideal for everyday transactions.
This efficiency was highlighted in a now-famous **$10,000 bet** between Roger Ver and former JPMorgan trader Tone Vays. Ver challenged Vays to send $5 worth of BTC for just one cent in fees within 24 hours. Despite attempts involving collusion with mining pools, the task proved extremely difficult—underscoring the limitations of BTC’s fee model under constrained conditions. In contrast, such low-cost transfers are routine on the BCH network.
2. Continuous Optimization for Real-World Payments
Unlike many blockchain projects focused solely on DeFi or smart contracts, the core development teams behind BCH—including Bitcoin ABC and Bitcoin Unlimited—have remained committed to a singular vision: making digital cash usable for daily transactions.
To achieve this, they’ve introduced several key upgrades:
- Cashshuffle: A coin-mixing protocol that enhances user privacy without compromising speed or cost.
- Schnorr Signatures: Improved transaction security and reduced data size, allowing more transactions per block.
- Avalanche Pre-Consensus: Speeds up transaction finality, reducing reliance on multiple confirmations.
- Weak Block Proposal (Storm): Addresses zero-confirmation vulnerabilities, increasing merchant confidence in instant payments.
These innovations collectively strengthen BCH’s position as a viable peer-to-peer electronic cash system—fulfilling the original promise outlined in Satoshi Nakamoto’s whitepaper.
3. Rising Adoption of Cryptocurrency for Payments
Global non-cash transaction volumes are rising year after year. While traditional fintech giants battle for dominance in mobile payments, a parallel movement is gaining traction: blockchain-based payment solutions.
Though still outside mainstream adoption, cryptocurrency payments are growing—driven by improving infrastructure, increasing public awareness, and real-world usability. Historically, services like BitPay enabled merchants to accept crypto by handling conversions, volatility hedging, and compliance. However, these third-party processors often charge fees significantly higher than native blockchain costs.
With BCH’s sub-cent transaction fees, businesses and users are increasingly bypassing intermediaries altogether. Direct BCH payments eliminate middlemen, reduce costs, and streamline the customer experience—making it a compelling choice for forward-thinking vendors and crypto enthusiasts alike.
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4. Grassroots Advocacy and Global Community Support
Technology alone isn’t enough—adoption requires education and outreach. Fortunately, BCH benefits from a passionate global community dedicated to spreading awareness and driving real-world use.
Examples include:
- In Tokyo, Japan, jewelers have installed large billboards featuring the BCH logo, signaling openness to cryptocurrency payments.
- In Venezuela, where hyperinflation has eroded trust in fiat currency, the nonprofit EatBCH uses Bitcoin Cash to provide meals for children while educating communities about financial sovereignty.
- In Maracaibo, local advocates recently conducted workshops with taxi drivers, encouraging them to accept BCH as payment—a small but meaningful step toward mass adoption.
These grassroots efforts demonstrate that BCH isn’t just surviving—it’s being actively promoted as a tool for economic empowerment in regions where traditional finance fails.
On-Chain Value vs. Transaction Volume: Understanding the Gap
While BCH leads ETH in total on-chain transaction value, it still lags significantly in transaction count. This discrepancy stems largely from Ethereum’s robust smart contract ecosystem, which supports thousands of decentralized applications (dApps), token transfers (ERC-20), and automated protocols (DeFi, NFTs).
Every interaction on these platforms requires an ETH transaction—even if no ETH is being sent—leading to inflated transaction volume numbers. In contrast, BCH’s design prioritizes simplicity and efficiency over programmability.
That said, BCH isn’t without innovation. The Simple Ledger Protocol (SLP) allows users to create custom tokens on the BCH chain. While SLP currently lacks the ecosystem maturity of ERC-20—such as widespread wallet support or liquidity—it inherits BCH’s core strengths: low fees, fast settlements, and high throughput.
As developers continue building tools and interfaces around SLP, and as more users recognize its potential for asset issuance and micropayments, this gap may narrow over time.
Frequently Asked Questions (FAQ)
Q: Is Bitcoin Cash more used than Ethereum?
A: In terms of total on-chain transaction value, yes—BCH has surpassed ETH in 2025 according to blockchain analytics. However, Ethereum still leads in transaction volume due to its smart contract activity.
Q: Why are BCH transaction fees so low?
A: BCH uses larger block sizes (up to 32MB), allowing more transactions per block. This reduces competition for space and keeps fees minimal even during peak usage.
Q: Can I use BCH for everyday purchases?
A: Yes. Merchants worldwide—from online stores to local vendors in countries like Venezuela and Japan—already accept BCH thanks to its fast confirmations and negligible fees.
Q: What is the Simple Ledger Protocol (SLP)?
A: SLP is a token creation protocol built on Bitcoin Cash. It allows users to issue fungible and non-fungible tokens while leveraging BCH’s low-cost infrastructure.
Q: Does low fee mean less security?
A: Not necessarily. While some worry that low fees reduce miner incentives, BCH’s strong hash rate and pre-consensus mechanisms like Avalanche help maintain network security and instant payment reliability.
Q: Who supports Bitcoin Cash development?
A: Multiple independent teams—including Bitcoin ABC and Bitcoin Unlimited—contribute to BCH’s protocol development, ensuring decentralization and resilience.
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Final Thoughts
Roger Ver’s claim that Bitcoin Cash is the second most used cryptocurrency is backed by measurable on-chain data. While Ethereum dominates in programmability and developer activity, BCH excels in its original purpose: serving as sound, scalable digital money for everyday use.
As global demand for efficient, affordable payment systems grows—especially in underserved economies—the strengths of Bitcoin Cash become increasingly relevant. With ongoing improvements in privacy, speed, and usability, combined with passionate community advocacy, BCH is well-positioned to expand its role in the evolving digital economy.
Whether you're a developer, investor, or simply someone interested in financial freedom, understanding the real-world utility of cryptocurrencies like BCH is essential in navigating the future of money.