The Transaction Mempool is a temporary storage area for unconfirmed transactions in a blockchain network. When users initiate transactions, they first enter this pool before being added to a block by miners.Each node in the network maintains its own version of the mempool, which contains transactions waiting to be validated and confirmed. These transactions may include details like sender, receiver, and the transaction fee.Miners prioritize transactions based on the fees attached. Higher fees often lead to quicker confirmation times as miners are incentivized to include more profitable transactions in the next block. Once a transaction is confirmed, it is removed from the mempool. Network congestion can occur if many transactions are submitted, leading to longer wait times for confirmations. Users can monitor the mempool to gauge the current transaction volume and adjust their fees accordingly for faster processing.