What’s the Significance of Ethereum‘s Increased Active Addresses Surpassing Bitcoin?
Ethereum has been competing with Bitcoin and is now catching up, especially in terms of active addresses. On September 14, Ethereum reached its second-highest daily figure of unique addresses transacting on the network. This puts Ethereum ahead of Bitcoin in this metric. This surge can be explained by the popularity of the Friend.Tech decentralized finance social media platform, which is based on the Ethereum blockchain. However, Ethereum has been unable to sustain this growth, and the spike in active addresses had little impact on the price of the cryptocurrency, which is struggling to hold above $1,600..
#Ethereum #Surges #Ahead #Bitcoin #Active #Addresses
Ethereum has been competing with Bitcoin and is now catching up, especially in terms of active addresses. On September 14, Ethereum reached its second-highest daily figure of unique addresses transacting on the network. This puts Ethereum ahead of Bitcoin in this metric. This surge can be explained by the popularity of the Friend.Tech decentralized finance social media platform, which is based on the Ethereum blockchain. However, Ethereum has been unable to sustain this growth, and the spike in active addresses had little impact on the price of the cryptocurrency, which is struggling to hold above $1,600..
#Ethereum #Surges #Ahead #Bitcoin #Active #Addresses
