Ethereum Active Addresses Surpassed Bitcoin
🥳 On a day that saw history be made with #Ethereum surpassing #Bitcoin in daily active addresses for the first time, #altcoins came to play. $KSM, $COMP, and $ZIL were among many projects to make an imprint on the markets, while $BTC ranged around $34.5k. https://t.co/cwjGvrLLeX pic.twitter.com/3AFQ0MHbcT— Santiment (@santimentfeed) June 29, 2021
Ether, on the other hand, had a little over 751,000 addresses on April 15. On June 28, its numbers had increased to over 926,900 addresses when Bitcoin was at just about 618,900 addresses. The dip in the number of Bitcoin's active addresses could mean that people are selling off their digital assets at a record pace.
Now, the only question many had on their minds was if Ethereum would sustain the momentum. Well, the answer is no. On July 3, Bitcoin was once again at the top with roughly 823,287 active addresses to Ethereum's approximate 683,608 users.
On July 5, the largest cryptocurrency was trading at $34,445 following a 2.17% fall in its prices. Ethereum, on the other hand, traded at $2,227 after taking a 0.21% hit in the last 24 hours. While Bitcoin's current market cap is about $642.54 billion, nearly three times that of Ethereum's $265.38 billion.