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Ethereum Surpasses 100 Million Non-Zero Addresses, Demonstrating Growing Adoption and Appeal in the Crypto Market

Ethereum has achieved a significant milestone by surpassing 100 million non-zero addresses, according to data from Glassnode. This achievement highlights the growing prominence of Ethereum on the crypto market and demonstrates the network's growing adoption and appeal among a diverse range of users. While Bitcoin is also experiencing a surge in non-zero addresses, Ethereum's achievement is particularly noteworthy because it demonstrates a significantly higher number of addresses, further emphasizing the broader reach and appeal of the network. However, the decrease in addresses holding significant amounts of ETH suggests that the biggest holders are leaving their holdings right now, which could be attributed to various factors such as profit-taking, portfolio diversification or potential concerns about market volatility.

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