Ethereum Addresses Surpass 100 Million, Highest Ever Recorded
According to blockchain data and intelligence provider Glassnode, the number of Ethereum addresses holding even the smallest fraction of ETH (wei) has reached a record-breaking 104,076,868.
Key Points:
- Ethereum non-zero addresses have surged, surpassing 100 million.
- Glassnode estimates the number of Ethereum addresses holding ETH wei at an all-time high.
- Bitcoin non-zero addresses have also seen significant growth, hitting nearly 48 million.
- Ether’s price consolidation around $1,830 hasn’t deterred the increase in Ethereum addresses.
- The rise in addresses indicates a growing interest and adoption of Ethereum and Bitcoin.
Despite Ethereum’s price hovering around $1,830, the number of Ethereum non-zero addresses has continued to rise rapidly in recent months, surpassing the major milestone of 100 million. This surge in addresses holding even the smallest fraction of ETH (wei) shows a significant increase in the interest and adoption of Ethereum. Similarly, Bitcoin non-zero addresses have also experienced substantial growth, reaching nearly 48 million by the end of July. These numbers reflect the growing popularity and widespread acceptance of both cryptocurrencies.
Hot Take:
The increasing number of Ethereum addresses surpassing 100 million is a clear indication of the cryptocurrency’s expanding user base and its potential for continued growth. As more individuals and institutions embrace Ethereum, its value and influence in the digital economy are likely to increase. This milestone also highlights the growing interest in cryptocurrencies as a whole, with Bitcoin also demonstrating impressive growth in its non-zero addresses. The future of Ethereum and other cryptocurrencies appears promising as they gain further traction in the global financial landscape.
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