Transaction volume refers to the total number of transactions conducted within a specific period, often measured in a day, week, or month. This metric is commonly used in various fields, including finance, e-commerce, and retail, to assess the level of activity and engagement in a market or platform. Higher transaction volumes typically indicate increased consumer interest and business performance. In the context of financial markets, transaction volume can also reflect the liquidity of an asset, showing how easily it can be bought or sold. For e-commerce platforms, tracking transaction volume helps businesses understand customer behavior and optimize their operations for better sales outcomes.