Ethereum Wallet Addresses May Reach 100 Million By Q2 2023

The number of Ethereum wallet addresses with zero balances continues to rise, reaching a record high of 92.5 million addresses this week. According to the latest data from Glassnode, with network activity skyrocketing.

Active wallet address It is a measure of the number of specific wallet addresses that transact as a sender or receiver. Only those who have successfully completed the transaction will be counted.

So this implies that Ethereum users are not only holding Ether, they are spending it on the network. While the price of ETH has skyrocketed over the past few weeks.

and with the current growth rate The number of Ethereum wallet addresses may reach 100 million by Q2 2023.

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