The analysis company stated that Ethereum (ETH) has crossed the "milestone moment" of cryptocurrency adoption

Crypto analytics company IntoTheBlock stated that Ethereum (ETH) has just reached a "milestone moment in cryptocurrency adoption".The company pointed out that Ethereum has officially exceeded 100 million addresses and maintained a balance


Crypto analytics company IntoTheBlock stated that Ethereum (ETH) has just reached a "milestone moment in cryptocurrency adoption".

The company pointed out that Ethereum has officially exceeded 100 million addresses and maintained a balance.

Cryptocurrency analysis company Glassnode reported that the number of non zero ETH addresses exceeded 100000 in July, but IntoTheBlock stated that it excluded "dust" addresses with balance values below 0.00001ETH.

We believe that these addresses should not actually be included because this indicator is very important


As of the writing of this article, the trading price of ETH is $1569. According to market value, the second ranked crypto asset has fallen by more than 67% from its historical high of over $4800 hit in November 2021.

IntoTheBlock also pointed out that the daily average trading volume of Ethereum is about 961000 transactions, a 36% decrease from the peak of 1.51 million transactions.

In contrast, the daily average transaction volume of Bitcoin (BTC) is approximately 273000, a 53% decrease from the historical high of 586000 transactions.

However, according to the analysis company's data, the average holding time of Bitcoin is 4.2 years, which is twice the length of Ethereum.

Do you know that the average holding time of Bitcoin is 4.2 years? This is twice that of ETH and Doge

At the time of writing, the value of BTC was $28680. By market value, this crypto asset ranks first, down more than 58% from its historical high of over $69000 set in November 2021.

Like and follow a friend you like, welcome to provide your valuable suggestions in the comments section

If you have any questions, you can leave a message in the comments section or private message. Thank you for your likes and support

Disclaimer: The content of this article is sourced from the internet. The copyright of the text, images, and other materials belongs to the original author. The platform reprints the materials for the purpose of conveying more information. The content of the article is for reference and learning only, and should not be used for commercial purposes. If it infringes on your legitimate rights and interests, please contact us promptly and we will handle it as soon as possible! We respect copyright and are committed to protecting it. Thank you for sharing.(Email:[email protected])

Previous 2024-10-16
Next 2024-10-16

Guess you like