The number of Ethereum addresses holding Ethereum parcels has grown slowly over the past year. In early January, there were 34.7 million addresses holding Ethereum and that has now increased 48 percent.
According to information from Glassnode's data, the number of addresses of wallets that hold Ethereum crypto assets broke yesterday's record. There are 51,491,730 addresses that store ETH in non-zero amounts.
This growth is due to two things, namely a healthy market driven by institutional investors and the growing popularity of DeFi.
The second largest crypto asset by market cap is Ethereum Coins, so it makes sense that investors will keep it even a little during the bull run. The price of Ethereum has also increased, growing as Bitcoin shows no sign of slowing down and has once again set a new record at US $ 29,442.63. While the Ethereum price hit US $ 734.25, a 20 percent increase in the past week according to CoinMarketCap data.
Facts in the field DeFi application users need Ethereum. DeFi's exploding popularity this year resulted in an explosion of addresses that hold Ethereum.
DeFi includes applications that wish to update and decentralize lending, financing and other financial institution services.
Reality and not opinion The number of non-zero Ethereum addresses has grown since 2017. This is in contrast to non-zero Bitcoin addresses, which peaked in 2018, then fell and now bounced back. There are currently 33 million non-zero Bitcoin addresses, a 4.8 million increase over the beginning of the year.
This is the information I can share regarding the number of Ethereum Wallet Addresses penetrating the record, I hope this information is useful.
Thank you for reading. Stay safe and Stay Healthy. Health is Wealth.
Happy New Year !!!
Link Image : https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcRa6DIkeo0PbTOe0S0eMVqJKJu1Ovc39zK3LA&usqp=CAU
https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcT5DjzclVuzn3pPYtcKEKfIap0q9xH07QGr1Q&usqp=CAU
@aronexxon
183.746 SRY