Over 18 M Ethereum Addresses Joined the Network Last Year

by in Cryptocurrency News

Ethereum small addresses

The number of Ethereum addresses with a small number of tokens reached a record high in 2021. According to data from the on-chain market intelligence platform Glassnode, there are over $18.3 M addresses with at least 0.1 Ether.

In early 2021, the number of small Ether accounts was 3,638,204. Data show that over a year the number grew by almost 10%. Since October, the network has gained over 10 M addresses. In terms of 2 years, the number went up by 50%.

On the other hand, the number of exchange withdrawals just reached a 19-month low of 888.208.

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Ethereum's native token Ether currently trades at about $3,100. The token reached its all-time high of $4,891 on November 16, 2021. Ether has a market cap of over $370 bln.