The data shows that there were approximately 858,000 transaction inputs on 1 July. The ATH for these transaction inputs was established in January 2018. Then there were around 885,000 inputs in a day. The number of transaction inputs that took place on the Bitcoin blockchain on July 1 is therefore very close to this ATH.
In addition to the inputs, the transaction outputs also come very close to the ATH. This ATH was established towards the end of 2017. Then there were around 1.2 million transaction outputs on the blockchain . On July 5, that was already 1.05 million transaction outputs after a slow uptrend .
A bitcoin transaction can have multiple inputs and outputs. This way, someone can send bitcoins to more than 100 addresses through a single transaction. While with ethereum (ETH) , for example, this counts as 100 transactions, within the Bitcoin network this only counts as a single transaction.
By not only looking at transactions but also at transaction outputs, you can get a better picture of how intensively the network is actually used. If we count the outputs as transactions, we see that the Bitcoin network is the most used network. Ethereum is behind Bitcoin, with around 740,000 transactions per day.