The last time this happened earlier in the year, if I recall, it was because a side project on Counterparty was distributing bitcoin to linked token holdings. It only lasted several days though, so I'm not surprised if another project's causing this backlog. Veriblock's that hyped IEO on Bittrex isn't it? Supposedly ran out in 10 seconds. I completely ignored it.
There was a ddosing of bitcoin servers,
from another thread:
Straight away. If it doesn't do that keep switching. Servers are being heavily ddosed because the phishing vulnerability has created an incentive for scammers to control which server you connect to. It's turned into a war!
Not related though I'm sure.