Ethereum's Daily Active Addresses Crosses 1 Million, Overtaking Bitcoin

BeInCrypto
BeInCrypto

18 Sep 2023 9:45 AM

Ethereum's daily active addresses crossed 1 million, surpassing Bitcoin and BNB chain on Sept. 13. However, the price remains stagnant....

  • Recent data shows strong growth in daily usage of the Ethereum network.
  • Ethereum has surpassed Bitcoin in terms of daily active addresses.
  • Ethereum saw 1.03 million daily active addresses compared to Bitcoin's 743,800 addresses.
  • The number of active Ethereum addresses reached 1,089,893 on Sept. 13, the second highest in Ethereum's history.
  • A new record of 1,627,860 transactions were recorded on the Ethereum network on Sept. 13.
  • Ethereum remains a key player in the world of decentralized finance (DeFi) and the smart contract domain.
  • Ethereum's price is expected to decline further in the coming weeks.

The article provides positive news about the growth of Ethereum's daily active addresses and the record number of transactions on the network. However, it also mentions the expected decline in Ethereum's price.

Go to publisher site

You May Ask

How does the number of daily active addresses of Ethereum compare to Bitcoin?What is the second highest number of active Ethereum addresses in history?What was the previous record for transactions on the Ethereum network?What role does Ethereum play in the world of decentralized finance (DeFi)?What is the expected trend for Ethereum's price in the coming weeks?

Suggested Reads