showed significant network growth at present. According to the data, the monthly figures revealed higher activity when comparing the average number of new wallets per month to the average number of new wallets per year.
This suggested that there was an increase in monthly interaction with the network. The improved network utilization also sets the stage for a potential positive price movement.was experiencing an increase in the number of new addresses joining the network. However, it was observed that there was no corresponding uptrend in the number of active addresses.
Nevertheless, the latest statistics suggested that the growth in the number of new addresses could be the initial phase. Furthermore, there might be a subsequent increase in interaction on the network soon.has been witnessing an increase in holders. The chart revealed a significant addition of holders from Q1 until the present moment. As of this writing, the number of holders had surpassed 48 million and continued to rise.
Furthermore, as per Glassnode, over 1 million addresses were holding more than one Bitcoin, which was also on the rise. These trends indicated that the accumulation of BTC was ongoing, even as new addresses continued to emerge.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CryptoAmb - 🏆 22. / 68 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »