Ethereum Tops Bitcoin in Daily Active Addresses

Ethereum">Ethereum has exceeded Bitcoin in daily active addresses for the first time, according to data from Artemis and Etherscan. Ethereum now regularly surpasses 1 million active addresses per day, while Bitcoin hovers around 900,000.

This demonstrates Ethereum’s leading position in terms of user activity and adoption. The data underscores Ethereum’s dominance in blockchain applications like decentralized finance and NFTs.

Ethereum facilitates over $6 billion in transfers daily across its network. Bitcoin still exceeds Ethereum in total value transferred, due to more high-value trading transactions versus practical uses. However, Ethereum’s growing active user base signals its increasing relevance in blockchain utility.

Despite stagnant prices recently, Ethereum maintains its status as a major altcoin with unique fundamentals. While short-term headwinds persist, the long-term growth in Ethereum’s usage and activity remains positive.

#Ethereum #Bitcoin #CryptoAdoption #DeFi #Web3

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