Crypto GlossaryNetwork Congestion
Network Congestion
Network congestion can occur when there is a sudden surge in demand for a particular cryptocurrency or when the network's capacity is insufficient to handle the volume of transactions. When a cryptocurrency network becomes congested, transactions may take longer to process, resulting in delays in sending and receiving funds. This can also lead to higher transaction fees, as users may be willing to pay more to ensure their transactions are processed quickly.
Ready to Start?
We’re excited to welcome you to the future of crypto with ENON. Enjoy with your crypto journey!