Crypto News – Number of Active Ethereum Wallet Addresses Climb to A New High – Bitcoin News
Active Ethereum addresses surged to a brand-new high of 771k.
The variety of active Ethereum addresses has actually climbed to a brand-new all-time high of 771k, breaking previous highs of 739k in November 2020 and 735k in January 2018, according to CoinMetrics.
The Ethereum blockchain has actually experienced a lot of activity in the past couple of months. For example, the network settled $1.5 trillion in deals in Q1. In addition, the total worth locked on all Ethereum-based DeFi platforms has presently sits at over $54 billion.
High network activity is likewise obvious in the overall variety of special addresses. According to EtherScan.io, there are presently over 148.8 million distinct wallet addresses on the Ethereum blockchain.
It is safe to say that the blockchain has actually seen steady growth in usage considering that its launch in mid-2015.
Financiers are generally bullish over the future of the digital possession regardless of its present high gas fees. Following the Berlin hard fork, most people are waiting on the implementation of the London upgrade, which will include the EIP-1559.
EIP-1559 has actually been promoted as the option to the network’s increasing deal expenses. And although there is no precise date for the London upgrade, a core developer has actually offered a quote of July 2021.