A pending transaction occurs when a cryptocurrency transfer has been initiated but has not yet been confirmed on the blockchain. When a user sends coins or tokens, this action is broadcasted to the network, where it enters a pool of unconfirmed transactions.Transactions are usually grouped into blocks by miners or validators. For a pending transaction, it will remain in this unconfirmed state until it is included in a block and verified by the network. Factors such as network congestion, transaction fees, and the speed of the nodes can influence how long a transaction remains pending.Users may see their transactions as “pending” in their wallets or on blockchain explorers until they receive confirmation. If a transaction remains pending for an extended period, it may be due to low fees, and users might have the option to speed it up or cancel it, depending on the wallet or service used.