Binance Network Activity Outpaces Ethereum As Active Addresses Double Since A...
Binance has been one of the strongest performers in the crypto market since 2024, consistently setting new highs and establishing itself as a leader among altcoins. Now, BNB sits quietly just below its all-time high of $900, consolidating as bulls continue to show resilience despite broader market uncertainty. The recent pullback in Bitcoin, which fell below key demand levels, has fueled volatility across the market, but Binance has managed to hold its ground, signaling underlying strength. Related Reading: Galaxy Digital Sells 1,167 Bitcoin Amid Ongoing Volatility Adding to this bullish....
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The sudden dramatic spike in active addresses on the network has left many guessing about the cause. On-chain metrics firm Santiment says it is still investigating the cause of a sudden surge of Ether (ETH) active addresses, which have eclipsed the previous all-time high (ATH) by a whopping 48%On Wednesday, the analytics firm tweeted that the number of daily active addresses on Ethereum had suddenly spiked to 1.06 million, shattering the previous high of 718,000 set back in 2018.An active address is one that has made a transaction in the past 24 hours. The number of active addresses can....
On-chain data shows activity on the XRP network has registered a large spike over the past week as volatility has engulfed the market. XRP Active Addresses & Volume Have Shot Up Recently In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Active Addresses of XRP. The “Active […]
Ethereum flips Bitcoin by another metric as active addresses plummet. The number of addresses active on the Bitcoin network has crashed roughly 60% in the past six weeks from 1.3 million to roughly 500,000.The collapse in activity has seen Ethereum overtake Bitcoin by number of active addresses, with the Ethereum network hosting roughly 200,000 more active wallets than Bitcoin on July 27.It is the third time this month, with Ethereum also having overtaken Bitcoin by the metric June 5, 2021, and June 6, 2021. The previous time ETH was in the lead was at the beginning of 2017.Twitter....
Ethereum active addresses have continued to decline. This follows the market crash where the price of Ethereum had dropped to below $1,000 before staging another recovery. This decline has shown various implications for the digital asset and also points towards how investors could be feeling towards the digital asset. Activity Falls To 2020 Lows Data from the Block shows that the active addresses on the Ethereum network on a seven-day basis are down. These active addresses had hit a new all-time high back in June 2021 when the bull market had been in full bloom. The rise in active....
Ethereum (ETH) is currently down by 0.75% as its price continues a range-bound movement seen all week. However, in its monthly timeframe, the most prominent altcoin displays a concerning performance with a reported loss of 6.40% according to data from CoinMarketCap. However, popular crypto analyst Ali Martinez has picked up a notable development on the Ethereum network which could spell good fortunes for price action in the coming days. Related Reading: Ethereum Price Retreats: Market Sentiment Slowly Shifts Bearish Ethereum Active Addresses Soar To 3-Month High At 617,170 In an X post on....