Mempool
Definition
The mempool ('memory pool') is a node's holding area for pending transactions that have been broadcast but not yet confirmed in a block. Miners select transactions from the mempool — typically those with the highest fees — to include in the next block. During congestion, mempool size grows and fees spike. Public mempool data shows real-time network demand and is used for fee estimation tools.
Why Does This Matter?
Understanding Mempool is essential for anyone investing in cryptocurrencies or working with blockchain technology. This concept directly influences how projects are valued, how markets behave, and what risks and opportunities exist for investors.
How Does CryptoValue Use This?
At CryptoValue, fundamental concepts like Mempool feed into our proprietary Value Score — a rating from 0 to 100 based on 10 on-chain and market metrics. Our goal is to help you identify undervalued and overvalued coins, rather than just looking at price.