U.Today - In a remarkable achievement that highlights the growing prominence of Ethereum (ETH) on the crypto market, the popular blockchain network has achieved a significant milestone by surpassing 100 million non-zero addresses. Data provided by indicates that the current count stands at an impressive 100,002,270.
This achievement comes at a time when is also experiencing a surge in non-zero addresses, reaching an all-time high of 47.27 million. While BTC continues to dominate as the largest cryptocurrency by market capitalization, Ethereum's achievement is particularly noteworthy because it demonstrates a significantly higher number of addresses, further emphasizing the broader reach and appeal of the network.
Undercurrents of Ethereum
In a related observation, it is worth noting that the number of addresses holding 1,000 or more ETH has reached a 10-month low of 6,268. This decline in large holders of Ethereum raises questions about the concentration of wealth within the ecosystem.Source: While the milestone of 100 million non-zero addresses indicates widespread interest in , the decrease in addresses holding significant amounts of suggests that the biggest holders are leaving their holdings right now. The decrease could be attributed to various factors such as profit-taking, portfolio diversification or potential concerns about market volatility.
Nevertheless, Ethereum's achievement of surpassing 100 million non-zero addresses demonstrates the network's growing adoption and appeal among a diverse range of users. As things stand, Ethereum continues to solidify its position as a leading blockchain platform in the crypto market.