Santiment Releases Top 10 Cryptocurrencies with Highest Address Activity
Cryptocurrency analysis company Santiment listed the cryptocurrencies with the most address activity in the last 30 days in its latest post.
The continuation of the list, in which Bitcoin is first by a significant margin, is as follows:
- Bitcoin (BTC): 963.64K
- Ethereum (ETH): 664.06K
- Tether (USDT): 394.97K
- Polygon (MATIC): 237.99K
- Litecoin (LTC): 236.69K
- Tether (on Polygon network): 105.64K
- Worldcoin (WLD): 78.48K
- Binance USD (BUSD): 77.18K
- Bitcoin Cash (BCH): 73.44K
- Tether (on Ethereum network): 73.17K
It is noteworthy that the Worldcoin project, which was recently released and developed by OpenAI CEO Sam Altman, is among the tokens with the largest number of active addresses.
In the cryptocurrency space, an active address means an address that has recently been used to send or receive cryptocurrencies. According to analysts, the number of active addresses that cryptocurrencies have can be used for an indirect representation of network activity and adaptation rate.
However, active addresses may not always reflect the number of unique users, as a user may have multiple addresses or an address may be shared by multiple users.
*Not investment advice.