Active Bitcoin addresses surged 30% in late July, data shows
The amount of Bitcoin held on addresses storing between 100 and 10,000 BTC has hit 9.23 million Bitcoin for the first time ever. Amid a renewed bullish trend on the cryptocurrency markets over the past few weeks, more users have moved into trading Bitcoin (BTC), the world’s largest cryptocurrency by market capitalization.Data from blockchain analytics platform Glassnode shows that Bitcoin has seen a notable surge in terms of active addresses in the past week of July, with active BTC entities rising 30% from 250,000 to 325,000 active users.According to Glassnode’s seven-day exponential....
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The number of active Bitcoin addresses has tanked. On-chain data currently shows that the number of active Bitcoin addresses has crashed over 50% in the past months. The number of active Bitcoin addresses during the height of the bull market surpasses one million. By the time Bitcoin hit its $64k all-time high, there were almost […]
In the past month, there have been more daily active addresses on the NEAR Protocol than in Ethereum and its layer-2 protocols, including Arbitrum and OP Mainnet, Artemis data from September 25 reveals. Artemis, an institutional data platform for digital assets, shows that the number of daily active addresses on NEAR Protocol has been consistently above the 400,000 level in September. Daily Active Addresses On NEAR Protocol Surging Looking closer at the data confirms that the number of daily active addresses on Ethereum, the pioneer smart contract platform that hosts most decentralized....
On-chain data shows activity on the XRP network has registered a large spike over the past week as volatility has engulfed the market. XRP Active Addresses & Volume Have Shot Up Recently In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Active Addresses of XRP. The “Active […]
Data shows the Ethereum network has recently set a new all-time high (ATH) in the Active Addresses indicator, suggesting elevated user activity. 30-Day MA Of Ethereum Active Addresses Has Reached A New ATH As highlighted by CryptoQuant community analyst Maartunn in an X post, the Ethereum Active Addresses has set a new record in its […]
Shiba Inu’s active addresses have crashed over 50% in three months, providing a bearish outlook for the top meme coin. This development has also coincided with the SHIB price crash during this period. Shiba Inu’s Active Addresses Crash Over 50% Santiment data shows that Shiba Inu’s active addresses have crashed by over 50% since they peaked on May 2 at around 7,800. Since then, this metric has been on a downtrend, dropping to as low as 2,500 earlier in June. Now, the number of active SHIB addresses is currently at an average of 3,000. Related Reading: Shiba Inu Exec Gives Reasons To Keep....