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Active Ethereum addresses rose to a new high of 771k.
The number of active Ethereum addresses has reached a brand-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 experienced a lot of activity in the past few months. The network settled $1.5 trillion in transactions in Q1. The total worth locked on all Ethereum-based DeFi platforms has currently sits at over $54 billion.
High network activity is likewise apparent in the total number of unique addresses. According to EtherScan.io, there are currently over 148.8 million distinct wallet addresses on the Ethereum blockchain.
It is safe to say that the blockchain has seen consistent growth in usage since its launch in mid-2015.
Investors are typically bullish over the future of the digital possession despite its existing high gas charges. Following the Berlin difficult fork, many people are waiting for the implementation of the London upgrade, which will consist of the EIP-1559.
EIP-1559 has actually been touted as the option to the network’s rising deal costs. And although there is no specific date for the London upgrade, a core developer has provided a price quote of July 2021.
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