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The number of daily transactions for Bitcoin Cash has dropped since noise.cash introduced batching of transactions. The numbers are still great, but down significantly, however, the point was made, Bitcoin Cash can scale and accommodate 400,000 transactions daily, without any scaling issue.
Since the beginning of the year Bitcoin Cash passed BTC in this indicator and fees remained lower than $0,01, while BTC reached all-time high fees of $60.
While the number of transactions has been reduced, adoption is increasing, and another indicator is proving the increased usage of the Bitcoin Cash network.
The real transaction volumes of BCH in USD terms (the blockchain recorded transactions, not the exchange volumes) are increasing and the network is now transferring daily tens of billions of dollars.
The transaction numbers may have dropped but the size, the value in USD, has increased. Noise.cash was responsible for hundreds of thousands of microtransactions. In my opinion, this was required to prove to everyone that the Bitcoin Cash network was able to scale without sacrificing fees or decentralization. Fast and instant transactions while not missing any important feature, Bitcoin Cash is how Satoshi was dreaming Bitcoin to become.
Bitcoin Cash since 2017 has tamed fees, increased functionality, and efficiency and given new hope for adoption of P2P electronic cash.
With all this increased activity the Bitcoin Cash blockchain fees have remained at very low levels. In all metrics, Bitcoin Cash is performing amazingly and has proven it is a better choice for adoption in the field of everyday transactions.
Bitcoin Cash is the currency solution for the following macroeconomic problems that many regions are facing:
The rapid devaluation of fiat currencies
Everyone knows of Bitcoin today and everyone has the false idea that Bitcoin can be used but the moment they engage with it for the first time, they discover the harsh reality.
Maybe one person in a million doesn't mind paying $20-60 fees for their everyday transactions, but the rest are not interesting in this kind of payment system.
It goes without saying that a currency is required to feature fast transactions and come at a very low cost. Bitcoin Cash is following the whitepaper and continuing the work from the moment Mike Hearn and Gavin Andresen left the team of developers. Bitcoin didn't fail as Mike Hearn said, but it transformed.
Bitcoin Cash is the updated version of Bitcoin, and if Satoshi is alive and well today, I'm 100% certain he recognizes this fact.