Number of Bitcoin addresses hits new ATH of 28.39 Million

posted 7 months ago
The number of addresses on the Bitcoin network has hit a new all-time high of 28.39 million, surpassing a previous high established in late 2018 after the market endured a year-long bear market.

According to data from blockchain analytics firm Coinmetrics, the number of bitcoin wallets in existence was growing steadily since BTC was first created and during its first nine years. It hit a high in late 2018 but the total number of addresses soon started dropping, until it hit a low of roughly 21 million.
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