Ethereum’s number of active addresses broke a record, exceeding the previous level. Details are in our news.
New record in the number of Ethereum active addresses
The number of active Ethereum addresses has risen to 771 thousand, an all-time high. In January 2018, 735 later reached the highest levels of 739 thousand in November 2020.
In a message shared on Twitter, Coinmetrics stated that Ethereum addresses have reached a new high level.
Ethereum blockchain, last year. witnessed many innovations in a few months. The network handled $1.5 trillion in transactions in the first quarter. In addition, the total value locked across all Ethereum-based DeFi platforms is currently over $54 billion.
High network activity is also evident in the total number of unique addresses. According to EtherScan.io, there are currently over 148.8 million unique wallet addresses on the Ethereum blockchain.
See: Ethereum, Ethereum news and breaking news
As seen in the chart above There has been a steady increase in usage of the Ethereum blockchain since its launch in mid-2015. After the Berlin hard fork, most people are waiting for the implementation of the London update, which will include EIP-1559.
The EIP-1559 update is stated to be a solution to the increased transaction costs of the network. Although no exact date has been given for the London update, the developers expect it to be in July 2021.. Investors consider London update to be a big opportunity for Ethereum. It is thought that the value of the asset will increase if Ethereum finds a solution to its high transaction costs.
Ethereum is instantly traded at $ 2,182 after the recent corrections in the crypto market.. After the correction in the crypto market, Ethereum is relatively on a recovery trend relative to other crypto assets. Weekly depreciation of approximately 2.5%. During the same period, Bitcoin’s weekly depreciation was 13.49%.
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