RATE Group | Bitcoin Has 140 Times More Daily Active Addresses Than XRP
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Bitcoin Has 140 Times More Daily Active Addresses Than XRP

25 May Bitcoin Has 140 Times More Daily Active Addresses Than XRP

Posted at 09:44h in Bitcoin News by

Bitcoin (BTC) continues to lead the popularity contest among the top cryptocurrencies —  but it has fewer addresses with actual coins in them than Ethereum. 

According to data from on-chain market analyst Glassnode, Bitcoin has almost three times as many daily active addresses as Ethereum (ETH), 11 times more than Litecoin (LTC) and 140 times more than Ripple (XRP).

Bitcoin: Active Addresses vs. Ethereum: Active Addresses

Source: Glassnode

Bitcoin is growing faster than others

The number of new Bitcoin addresses being created each day is almost five times that of Ethereum. New Bitcoin addresses reached almost 470K in 24 hours, the day after the Bitcoin halving, in contrast to Ethereum increasing by only 90K new addresses daily 

Bitcoin: New Addresses vs. Ethereum: New Addresses

Source: Glassnode

The number of addresses holding more than 0.1 BTC and more than 1 BTC also reached ATHs of 3,053,970 and 815,698 respectively.

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