Number of Active Ethereum Wallet Addresses Climb to A New High
The variety of active Ethereum addresses has reached a 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 witnessed a great deal of activity in the past few months. The network settled $1.5 trillion in deals in Q1. In addition, the total value locked on all Ethereum-based DeFi platforms has currently sits at over $54 billion.
High network activity is likewise obvious in the total variety of special addresses. According to EtherScan.io, there are presently over 148.8 million unique wallet addresses on the Ethereum blockchain.
It is safe to say that the blockchain has witnessed constant development in use since its launch in mid-2015.
Investors are generally bullish over the future of the digital asset in spite of its current high gas charges. Following the Berlin tough fork, many people are awaiting the application of the London upgrade, which will include the EIP-1559.
EIP-1559 has been touted as the option to the network’s rising transaction costs. And although there is no specific date for the London upgrade, a core developer has provided a quote of July 2021.
