It has been just revealed that Ethereum managed to see an important level surpassed, which is reportedly crucial for mass adoption. Check out the latest reports about the matter below.
ETH price is addressed
Crypto analytics firm IntoTheBlock stated just recently the fact that Ethereum (ETH) has just hit a “milestone moment for crypto adoption.”
It is also important that we mention the fact that the firm notes Ethereum officially crossed 100 million addresses with a balance.
According to the notes coming from the important analytics firm Glassnode, the number of non-zero ETH addresses was more than 100,000 back in July, but IntoTheBlock stated the fact that it excluded “dust” addresses with balance values less than 0.00001 ETH.
“We believe those addresses shouldn’t realistically be counted for this metric to be significant.”
ETH is trading for $1,605 at the time of writing this article.
IntoTheBlock also said the fact that Ethereum is clocking around 961,000 average daily transactions.
The online publication the Daily Hodl also takes Bitcoin (BTC), by comparison, and said the fact that the king coin is registering around 273,000 average daily transactions, which is 53% down from its all-time high level of 586,000.
They also noted the fact that Bitcoin is held for an average time of 4.2 years, which is twice the length of Ethereum.
“Did you know that the average holding time for Bitcoin is 4.2 years? That’s twice as long as ETH and Doge!”
Bitcoin in the news
Speaking of Bitcoin, here’s the latest on the most important digital asset out there.
The rumor that BlackRock’s Bitcoin ETF will be soon accepted started to make more and more waves in the crypto space while everyone is waiting for the big tsunami – the BTC price explosion that an acceptance from the SEC will bring.
Make sure to check out the previous article that we posted in order to learn more details about the latest Bitcoin prediction.
