Ethereum continues on a path of more adoption as the asset has seen the addition of over 5 million new and unique addresses added over the past 30 days. This comes as bitcoin continues to record declines in the number of active addresses in the network.
Ethereum remains the largest smart contracts network and the second-largest cryptocurrency in the world. According to a data compilation released recently, between June 6 and July 6, Ethereum has added 5.37 million new and unique addresses on its network. These addresses add up to an average of 173,000 addresses added every single day for the month-long period.
Currently, the number of unique ethereum addresses now sits at approximately 162.2 million. The recent increase in demand for ethereum has been the key driver in the meteoric rise in the number of addresses being registered by investors.
The increase in demand has been