The Coin Shark: 0.5 million addresses added to Ethereum blockchain in 7 days

  • Wednesday, 08 June 2022 17:04
0.5 million addresses added to Ethereum blockchain in 7 days? Crypto winter is not a hindrance for Ethereum. Over the past week, despite the sluggish market, 500 thousand new addresses have been added to the blockchain. This trend continues for several weeks in a row. As a result, the total number of addresses in the blockchain is more than 200 million. As of June 8, the Dune analytical platform provides such information. However, according to experts, other qualitative indicators of Ethereum show a fall. Thus, the TVL indicator (the number of blocked funds in projects) decreased by 35% in May 2022. The dominance of this cryptocurrency in the market also decreased, falling on June 6 to the lowest level since October last year - 17.74%. 📉 #Ethereum $ETH Number of Transactions (7d MA) just reached a 19-month low of 41,458.298 View metric:https://t.co/7zNXcnxY9Y pic.twitter.com/JGgWq8Bjyf — glassnode alerts (@glassnodealerts) June 8, 2022 The number of transactions in the blockchain has also decreased. By the end of last month, this figure was 43 thousand, and as of June 8, according to Glassnode on Twitter, 41.45 thousand transactions took place in the blockchain. At the time of writing, according to CoinMarketCap, Ethereum is trading at $1,800. This figure is 1.5% higher than in the past 24 hours. The trading volume on the market increased by 14.51% over the day and amounted to $22 billion.     If you decide to try your hand at the world of cryptocurrencies, do it with a trusted and reliable partner HUOBI CoinShark is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. This article is for informational purposes, prepared on the basis of materials and information from open sources . Cryptocurrency is a high-risk asset, investing in it can lead to losses. Readers should do their own research before taking any action.

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