Researchers report an increase in the number of new XRP and ETH wallets
-
Altcoin News
Bitcoin news
Blockchain News
blog
DeFi News
Exchange News
General
Market News
Prediction
Без рубрики
Johny Smith
2025/01/18
3 mins read
The beginning of 2025 brought various changes in the activity of cryptocurrency users. According to the latest data from Santiment, the number of XRP wallet owners increased by 1% ($58 thousand), and Ethereum showed an increase of 0.5% (645 thousand). These changes indicate stable investor confidence in projects. It is especially noteworthy that Ripple continues to gain popularity, despite the controversies that periodically arise around the regulatory status of the digital currency.
Ethereum, on the other hand, is strengthening its position thanks to the active implementation of updates to its network. An increase of 0.5% since the beginning of the year may be associated with expectations of long-term prospects associated with the transition to the Proof-of-Stake model and lower energy costs. Note that the number of new addresses in the Bitcoin network increased by 102 thousand.
Unlike XRP and Ethereum, Chainlink found itself in a less favorable situation. The number of wallet owners decreased by 0.5%. The decline may be caused by a lack of significant news about the development of the project, as well as competition from other platforms providing similar solutions. However, declining interest in Chainlink does not necessarily indicate problems with the project. This may be temporary.
The dynamics in the blockchain are also of interest Cardanowhere the number of wallets increased by 0.1%. Even if the increase is small, it may indicate renewed interest in the project. After a long period of doubt about its development, data signals that some investors are starting to come back. Cardano remains an important player in the market due to its focus on scalability and sustainability.
These trends provide important signals to investors. An increase in the number of wallets usually indicates an increase in confidence in the project and its prospects. A decline, on the contrary, requires a more detailed analysis to understand whether it is caused by temporary difficulties or more serious problems.
Error in the text? Select it with the mouse and click Ctrl + Enter
34