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  4. New Ethereum wallets now account for 23% of the network’s entire addresses
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New Ethereum wallets now account for 23% of the network’s entire addresses

According to data compiled by cryptocurrency trading simulator Crypto Parrot, an average of 149,843 new unique Ethereum addresses have been created daily since the beginning of the...
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New Ethereum wallets now account for 23% of the network’s entire addresses © Reuters New Ethereum wallets now account for 23% of the network’s entire addresses

According to data compiled by cryptocurrency trading simulator Crypto Parrot, an average of 149,843 new unique Ethereum addresses have been created daily since the beginning of the year.

The highest number of addresses created (332,094) was recorded on June 5, and a total of 1,389,999 unique addresses have been created in the first two weeks of September. Meanwhile, on a year-to-date basis, there were 38,256,193 new Ethereum addresses, accounting for 22.59% of all ETH addresses to date. Altogether, 169,296,775 unique wallets have been created since the inception of the Ethereum network.

The Ethereum network has experienced an influx of retail investors, particularly in the DeFi and NFT sectors, as interest continues to grow. Furthermore, the volume of Ethereum’s unique addresses complements the number of daily active wallets. Recall that in June, Ethereum’s address activity outperformed Bitcoin for the first time. Similarly, in July, the network’s daily active addresses surpassed that of Bitcoin.

The growing interest in Ethereum can be traced to its recent London upgrade that was implemented back in August. As the network transitions towards a proof-of-stake consensus, one should expect even more demand for the leading altcoin.

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01-05-2024 10:45:17 (UTC+7)

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 GBP/USD1.2475↑ Sell
 USD/JPY157.91↑ Buy
 AUD/USD0.6469Neutral
 USD/CAD1.3780↑ Buy
 EUR/JPY168.32↑ Buy
 EUR/CHF0.9808Neutral
 Gold2,295.80↑ Sell
 Silver26.677↑ Sell
 Copper4.5305↑ Buy
 Crude Oil WTI81.14↑ Sell
 Brent Oil85.62↑ Sell
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 IBEX 3510,854.40Neutral
 BASF49.155↑ Sell
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 Allianz266.60↑ Sell
 Adidas226.40↑ Sell
 Lufthansa6.714Neutral
 Siemens AG175.90↑ Sell
 Deutsche Bank AG15.010Neutral
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