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Ethereum (ETH) has consistently grown in adoption, usage, and value over the years. It is the second-largest cryptocurrency by market cap and the leading Web3 and DeFi blockchain. Interestingly, the number of unique addresses in the network is an insightful metric to look at and evidence this growth. For that, Finbold retrieved data from Etherscan on February 7, which shows nearly 257.60 million current unique addresses. In particular, users created nearly 3.54 million new addresses in 2024, from 254.07 million registered on January 1. On average, 2024’s daily increase of Ethereum unique addresses was 95,570, adding 96,145 on February 6 alone. Ethereum unique addresses 2024 chart. Source: Etherscan However, it is important to understand that new unique addresses do not necessarily mean new users or active usage. One user can hold multiple addresses, which can go inactive over history. Ethereum new unique addresses throughout history Cryptocurrency Web3 game Mo...

Analysts at market intelligence platform Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Through an examination of Ethereum's (ETH) on-chain activity, market intelligence platform Santiment has published a report indicating that the count of daily active Ether addresses experienced a notable increase, reaching around 1,089,893 on Sept. 13. This recent upsurge represents the second -highest number of daily active addresses ever recorded in Ethereum's history . The highest count was registered on Dec. 9, 2022, aligning with Ether's reevaluation following its losses from the post-2021 bear market. As a result, analysts at Santiment suggest that the Ether market may experience increased volatility, potentially leading to a recovery. Additionally, this uptick in on-chain activity indicates a growing demand for the underlying asset. The #Ethereum network just saw 1,089,893 unique wallets acting as a sender or...