Bitcoin address created reached all time hight since 2018! as mass adoption continues. we are witnessing a great Transfer of wealth around the globe.
According to Glassnode’s data, the 24-hour moving average of new Bitcoin addresses hit 24,807. This shows that, on average, that many addresses were created on the blockchain for each of the last 24 hours. For some of the hours, it would have been even higher.
According to Glassnode, there are now a total of 32.5 million Bitcoin addresses with a non-zero balance. This has been continually rising since March 2018 after a sharp drop in January 2018.
Generally, as the number of Bitcoin addresses and its price continues to rise, this shows that the network is growing and there are (likely) more users. and we are seeing a mass adoption on the process. as bitcoin becomes a store of value against hyper inflation.
