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Bitcoin Continues to Outperform Altcoins in Terms of Aggregate Active Addresses

Bitcoin Continues to Outperform Altcoins in Terms of Aggregate Active Addresses

Data collected by Glassnode shows that Bitcoin has 3 times more active addresses than Ethereum and 140 times more than XRP.

Bitcoin continues to remain the dominant cryptocurrency in the market in terms of popularity and value. The data gathered by on-chain data analysis platform, Glassnode indicates that Bitcoin outperformed all the altcoins in terms of the number of active addresses with almost thrice as that of Ethereum (ETH), 11 times more than Litecoin (LTC) and about 140 times more than that of Ripple (XRP).
Glassnode also released statistics comparing the number of new addresses being created on a daily basis. As per the data, the number of new addresses created on the Bitcoin network on a daily basis is nearly five times that of Ethereum’s. There was a surge in the number of Bitcoin addresses created post halving to almost 470,000.


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