The Daily Hodl
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise
No Result
View All Result
The Daily Hodl
No Result
View All Result

Ethereum (ETH) Surges Past ‘Milestone Moment’ for Crypto Adoption, According to Analytics Firm IntoTheBlock

by Daily Hodl Staff
October 20, 2023
in Bitcoin, Ethereum

Crypto analytics firm IntoTheBlock says that Ethereum (ETH) has just hit a “milestone moment for crypto adoption.”

The firm notes Ethereum officially crossed 100 million addresses with a balance.

Fellow crypto analytics firm Glassnode reported that the number of non-zero ETH addresses was more than 100,000 back in July, but IntoTheBlock says it excluded “dust” addresses with balance values less than 0.00001 ETH.

“We believe those addresses shouldn’t realistically be counted for this metric to be significant.”

Source: IntoTheBlock/X

ETH is trading for $1,569 at time of writing. The second-ranked crypto asset by market cap is down more than 67% from its all-time high of more than $4,800, which it hit in November 2021.

IntoTheBlock also notes that Ethereum is clocking around 961,000 average daily transactions, which is 36% down from its peak level of 1.51 million.

Bitcoin (BTC), by comparison, is registering around 273,000 average daily transactions, which is 53% down from its all-time high level of 586,000.

According to the analytics firm, however, Bitcoin is held for an average time of 4.2 years, which is twice the length of Ethereum.

“Did you know that the average holding time for Bitcoin is 4.2 years? That’s twice as long as ETH and Doge!”

BTC is worth $28,680 at time of writing. The top-ranked crypto asset by market cap is more than 58% down from its all-time high of more than $69,000, which it hit in November 2021.

Follow us on X, Facebook and Telegram

Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Check Price Action

Surf The Daily Hodl Mix

 
Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

Submit a Press Release

Industry Announcements

  • FIFA Rivals Launches Worldwide, Bringing Non-Simulation Arcade Football Action to Mobile Devices
    June 12, 2025
  • Polemos Announces TGE And A Game-Changing Strategic Partnership With BUFF Accelerating Web3 Adoption
    June 12, 2025
  • ?Bitpanda opens the gate to Web3 with Vision (VSN)
    June 12, 2025
  • tBTC Launches on Starknet, Expanding Bitcoin’s Role in Multi-Chain DeFi
    June 11, 2025
  • Allnodes Launches Bare-Metal Servers for Solana Validators and Builders
    June 11, 2025
  • Falcon Finance Announces Custody Integration With BitGo for USDf Synthetic Dollar
    June 11, 2025
  • Interactive Strength Inc. (Nasdaq: TRNR) Enters Into $500 Million Facility To Acquire AI-Focused FET Tokens and Launch Crypto Treasury Asset Strategy
    June 11, 2025
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$107,726.86
$107,726.86
2.04%
Ethereum
$2,768.52
$2,768.52
2.49%
BNB
$665.36
$665.36
1%
Solana
$160.27
$160.27
4.01%
XRP
$2.25
$2.25
3.24%

Spotlight

  • Bitcoin Setting Up for ‘Treasonous’ Correction, According to Trader That Called 2021 Market Cycle
    June 5, 2025
  • Bitcoin Flashing Bearish Signal After Failing To Break Above Major Resistance, Says Crypto Trader – Here Are His Targets
    June 5, 2025
  • Economist Henrik Zeberg Says Altcoins About To Kick Off Explosive Phase, Updates Outlook on dogwifhat and One Under-the-Radar Crypto
    June 5, 2025
  • Former DOGE Head Elon Musk Tells Lawmakers To Kill Trump’s ‘Big, Beautiful’ Bill
    June 5, 2025
DON'T MISS A BEAT
Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options
By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.
Featured Image: Shutterstock/Billion Photos

Covering the future of finance, including macro, bitcoin, ethereum, crypto, and web 3.

Categories

Bitcoin • Ethereum • Trading •
Altcoins • Futuremash • Financeflux •
Blockchain • Regulators • Scams •
HodlX • Press Releases

 

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT | ADVERTISE

JOIN US ON TELEGRAM

JOIN US ON X

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2025 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Altcoins
    • Financeflux
    • Trading
    • NFTs
    • Blockchain
    • Futuremash
    • Regulators
    • Scams, Hacks & Breaches
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Guest Post
  • INDUSTRY ANNOUNCEMENTS
    • Latest
    • Press Releases
    • Chainwire
    • Sponsored Posts
    • Submit Your Content
  • CRYPTO MARKETS
  • SUBMIT
    • Guest Post
    • Press Release
    • Sponsored Post
    • Advertise

© 2025 The Daily Hodl