Ethereum

bullish

Bitcoin

DeFi

<p>For the past few months, Ethereum has consistently stood out in the crypto market. While Bitcoin stagnates, Ethereum’s growth is indeed accelerating. This refers to a notable increase in the number of holders, a key indicator of its adoption.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <div class="entry-content-asset">
   <div class="social-embed-container">
    <blockquote class="twitter-tweet" data-width="500" data-dnt="true">
     <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ethereum continues to separate itself from Bitcoin in terms of wallet growth:<br><br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fa99.png" alt="🪙" class="wp-smiley" style="height: 1em; max-height: 1em;"> Bitcoin: 54.18M Total Holders (-0.1% in 3 Months)<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fa99.png" alt="🪙" class="wp-smiley" style="height: 1em; max-height: 1em;"> Ethereum: 126.96M Total Holders (+3.3% in 3 Months)<br><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fa99.png" alt="🪙" class="wp-smiley" style="height: 1em; max-height: 1em;"> Tether: 5.99M Total Holders (+4.0% in 3 Months) <a href="https://t.co/C1QSrcRIO1">pic.twitter.com/C1QSrcRIO1</a></p>— Santiment (@santimentfeed) <a href="https://twitter.com/santimentfeed/status/1831000913458405570?ref_src=twsrc%5Etfw">September 3, 2024</a>
    </blockquote>
    <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
   </div>
  </div> 
 </div>
 <figcaption class="wp-element-caption">
  Ethereum surpasses Bitcoin in number of holders
 </figcaption>
</figure> 
<h2 id="h-ethereum-attire-des-millions-de-nouveaux-investisseurs">Ethereum attracts millions of new investors</h2> 
<p>Recent data published by Santiment shows that Ethereum adoption has <strong>jumped by 3.3% over the past three months</strong>. This figure translates to 4 million new addresses created on the <a href="https://www.cointribune.com/ethereum/" target="_blank" rel="noreferrer noopener">Ethereum blockchain</a>. This brings the total number of holders to nearly 127 million.</p>
<div class="my-4">
 <div class="ads " data-page-type="" data-location="1"> 
 </div> 
</div> 
<p>This influx of investors reinforces the idea that Ethereum is consolidating as a major platform, notably thanks to its rich crypto ecosystem. This includes:</p> 
<ul> 
 <li><a href="https://www.cointribune.com/usages-courants-des-smart-contracts-sur-ethereum/" target="_blank" rel="noreferrer noopener">smart contracts</a>,</li> 
 <li>DeFi (decentralized finance),</li> 
 <li><a href="https://coinmarketcap.com/nft/" target="_blank" rel="noreferrer noopener">NFTs</a>.</li> 
</ul> 
<div class="affiliate-button"> <a class="affiliate-button__link" href="https://bitpanda.pxf.io/c/2801338/1295465/15871" target="_blank" rel="noreferrer noopener">Discover the Bitpanda platform</a> <a class="affiliate-button__disclaimer" href="https://www.cointribune.com/en/sponsored-content/" target="_blank" rel="noreferrer noopener">This link uses an affiliate program.</a> 
</div> 
<h2 id="h-contrairement-a-eth-bitcoin-stagne">Unlike ETH, Bitcoin stagnates</h2> 
<p>Sure, Bitcoin is the oldest and most well-known cryptocurrency. Nevertheless, <a href="https://www.cointribune.com/bitcoin-2024-adoption-institutionnelle/" target="_blank" rel="noreferrer noopener">its adoption</a> seems to be slowing down. Since 2021, the number of Bitcoin holders has indeed been moving sideways. With <strong>only 54 million holders</strong>, it saw its number of addresses drop by 50,000 during the same period.</p> 
<p>This decline raises questions about Bitcoin’s ability to maintain its attractiveness in the face of Ethereum’s rapid rise.</p> 
<h2 id="h-les-perspectives-de-croissance-d-ethereum-sont-elles-durables">Are Ethereum’s growth prospects sustainable?</h2> 
<p>The number of Ethereum holders continues to grow, which is seen as a <strong>bullish signal for the ETH crypto</strong>. However, some analysts wonder if this dynamic is sustainable in the long run. The arrival of a major network upgrade could further increase the platform’s appeal:</p> 
<ul> 
 <li>by solving scalability problems,</li> 
 <li>by reducing transaction fees.</li> 
</ul> 
<p>Investors must still remain cautious. The inherent volatility of the crypto market could affect the value of ETH in the short term. At the time of writing this article, this crypto-asset is trading around $2,400. The <a href="https://www.cointribune.com/en/crypto-markets/ethereum-eth-en/" target="_blank" rel="noreferrer noopener">price</a> is recording a <strong>4% decline over the past 24 hours</strong>.</p>  
<div class="tradingview-widget-container tradingview--mini-chart"> 
 <div class="tradingview-widget-container__widget"></div> 
 <div class="tradingview--mini-chart--dark"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:ETHBTC","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script> 
 </div> 
 <div class="tradingview--mini-chart--light"> 
  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:ETHBTC","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script> 
 </div> 
 <div class="tradingview-widget-copyright">
  <a href="https://fr.tradingview.com/symbols/ETHBTC/?exchange=BINANCE" rel="noopener" target="_blank"><span class="text-primary-color">ETHBTC chart</span></a> by TradingView
 </div> 
</div>  
<p>In any case, <a href="https://www.cointribune.com/en/crypto-ethereum-attracts-developers-like-never-before/" target="_blank" rel="noreferrer noopener">Ethereum’s growth</a> confirms its central role in the crypto ecosystem.</p>

Ethereum Surpasses Bitcoin In Adoption: +3.3% Holders

Table of Contents

Cointribune EN

Other articles published on Sep 5, 2024

Giant Company Transferred Large Amounts of Bitcoin and Etheruem to OKX! How Much BTC and ETH Does...

Can Litecoin and Polkadot Make New Highs This Cycle? Analysts Believe Rollblock Is The Better Bet

Travala Partners with Skyscanner to Boost Crypto Adoption in Travel

SKALE Labs and Moxy partner to bring gasless technology to reward-based gaming

Bitcoin DeFi TVL will top Ethereum’s within 2 years: Core DAO contributor

Telegram Founder Pavel Durov's Arrest: A Closer Look at the Charges

Join our free newsletter for daily crypto updates!