Number of non-zero Ethereum addresses exceeded 71 million

A big role was played by the growing popularity of NFTs

30.12.2021 - 10:55

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What’s new? The number of Ethereum addresses with non-zero balances has reached a record high. According to the Glassnode website, there are currently 71 364 788 such wallets registered.

📈 #Ethereum $ETH Number of Non-Zero Addresses just reached an ATH of 71,364,788View metric:https://t.co/beS1MtIgAZ pic.twitter.com/Ocpwnmf1Pt— glassnode alerts (@glassnodealerts) December 29, 2021

What were the figures last year? Last year also saw a new high of 51 491 730 addresses registered. Since December 30, 2020, the number of non-zero wallets has increased by 38%, while this figure for bitcoin addresses is only decreasing.

How did NFTs affect the emergence of new addresses? This year has seen a real “boom” in the non-fungible tokens. This has played a significant role in the emergence of new addresses, as most NFTs are minted on the Ethereum blockchain. Matt Aaron, project lead at UniWhales DAO, stated:

“NFTs played a huge role in adding new wallets and users to the Ethereum ecosystem. For a good part of the year, OpenSea transactions were taking up more gas than any other decentralized application.”

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