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Study: Stablecoin Activity the Highest in Q3 of 2023 With Approximately 400K Daily Active Addresses
4.11.2023
By the end of Q3 2023, activity in the stablecoin category as measured by the number of daily active addresses (DAA) stood at over 400,000 — the highest in any category. In the decentralized finance (defi) category — the next highest-ranked category — the number of DAAs at...
Total Value Locked in Defi Reaches $250 Billion — Uniswap, Quickswap, Trader Joe Dominate Dex Volumes
4.11.2021
During the second week of October, the total value locked (TVL) in decentralized finance (defi) protocols crossed $200 billion, and two weeks later in November, the TVL in defi surpassed $250 billion gaining 25% in value. Meanwhile, Ethereum commands more than 67% of the $253 billion TVL in defi...
Bitcoin’s active addresses fall below Ethereum's after 60% drop in six weeks
2.7.2021
Ethereum flips Bitcoin by another metric as active addresses plummet
Bitcoin’s Active Addresses, Trading Volumes Now at All-Time Highs
11.1.2021
Bitcoin's active addresses and trading volumes broke their previous all-time high set in late 2017
Network Landmarks, Derivatives Records- 2020 Bitcoin Metrics See a Number of All-Time Highs
3.12.2020
While the price of bitcoin has spiked to levels not seen in three years a number of other factors show that the current run-up is similar to the 2017 bull run. Active bitcoin addresses have neared all-time record highs, while the network’s hashpower has remained high as well coasting along...
Active Bitcoin Addresses at Highest Since 2017’s $20K Price Record
23.10.2020
Continued rise in network's usage could accelerate the price rally
Bitcoin Is Undervalued, Fair Value Price Should Be $15,000, Says Analyst
25.9.2020
Bloomberg cryptocurrency analyst Mike McGlone says bitcoin is greatly undervalued, suggesting that its fair value price should currently be somewhere around $15,000. The price of bitcoin (BTC) has see-sawed between $10,000 and $12,400 over the last few weeks, often tumbling sharply following what...
BTC Averages Over 1 Million Active Addresses as ETH Transaction Fees Hit $2M Daily
7.8.2020
Bitcoin averaged over a million daily active addresses in the past week for the first time since January 2018. The growing usage metrics add to evidence of a rising bull market. According to data compiled by Coin Metrics, ethereum might be on course to surpass its all-time high if the bull market...
Recent Bitcoin Rally Pushes ‘Addresses in Profit’ to 93%
29.7.2020
August 2019 was the last time this many bitcoin addresses were in profit
Ethereum Activity Metric Hits Highest Level for 2 Years
7.7.2020
The number of active ether addresses just clocked a recent high, possibly thanks to its growing role in decentralized finance
Bitcoin Briefly Hits $9K, Investors Remain Bullish
5.5.2020
The cryptocurrency has again failed to keep gains above $9,000 even as active bitcoin addresses spike to 11-month highs
Bitcoin Fails at $9K Hurdle Again, But Data Suggests Investors are Bullish
5.5.2020
The cryptocurrency has again failed to keep gains above $9,000 even as active bitcoin addresses spike to 11-month highs