Thursday, October 28, 2021
Home Crypto News Market For the First Time Ethereum Crossed Bitcoin in Address Activity

For the First Time Ethereum Crossed Bitcoin in Address Activity

- Advertisement -

According to data provided by crypto analytics platform Santiment, Ethereum surpassed Bitcoin in address activity for the first time.

eth active adresses crossed BTC for the first time

Santiment writes:

“Following up on yesterday’s report on Ethereum FUD and the buy opportunity we saw, today has marked a historic day – For the first time in crypto history, ETH address activity is ABOVE $BTC address activity, as prices have soared back above $2,100.”


Santiment tweet is as follow:


Earlier today, ETH hit a weekly high of $2,136 on Binance.
The second largest blockchain is seeing a spike in activity ahead of the highly anticipated EIP-1559 update, which is expected to be rolled out in the coming weeks.

Meanwhile, active bitcoin addresses are at their lowest level since February.

BTC struggling to regain momentum after the bulls failed to overcome resistance at the $35,000 level. The ETH/BTC pair is seeing an apparent trend reversal, surging nearly 7 percent in the past 24 hours.

- Advertisement -
Mark Brennan
Mark is 27, holds a Master degree in Business Administration, and works as a content Creator at TheCryptoBasic mostly on Crypto Market Updates. Since 2014 he has been active in the crypto sector. Thanks to the Business College in which other than Business subjects, he was taught about the disruptive potential of Blockchain. His interests include Blockchain technology and Crypto Market innovations. He also founded a small startup in which he gives lectures on cryptocurrencies.


Please enter your comment!
Please enter your name here

- Advertisment -

Recent News & Articles

Shiba Inu Surpasses Dogecoin For The First Time Ever, Shib Becomes First Meme Token To Live Up To The ‘DOGE Killer’ Title

Shiba Inu is now officially the biggest canine coin after surpassing Dogecoin. window.coinzilla_display = window.coinzilla_display || ; ...

MoneyTree Announces the Launch of its NFT Store on Lootex

London, England / October 27, 2021 / MoneyTree, a truly deflationary and fully decentralized gaming token, announced the launch of its NFT store on...

Dubai Financial Regulator Approves Bitcoin Fund Which Is First Registered Product Of Its Kind In The Middle East

Launched by Canadian firm 3iQ Digital Asset Management, the Bitcoin Fund (QBTCu.TO) is the first registered product of its kind in the Middle East.

DOGE Lost Its 9th Position & Slips to 10th By Means of Market Capitalization, Is DOGE Going to Dump and SHIB Going to Pump?

USD Coin (USDC) has just surpassed doge by means of market capitalization. DOGE is standing at $31,026,080,066. ...

TurboXBT Is Introducing Short-Term Synthetic Digital Asset Trading

TurboXBT is delighted to introduce a next-generation cryptocurrency trading experience for both professional and beginner users. By leveraging short-term contracts of synthetic assets in...

Brazilian Giant 99 To Enable Bitcoin Trading On Their 99Pay App

Coindesk report Brazilian 99Pay wallet users will be able to make commission-free transactions in bitcoin. Read: FDIC Chairwoman Says US Regulators Are Exploring Policies For...

Tiki Token is waiting for you – Get it for automatic BNB Rewards

Let’s get things straight.  There are over 10,000 cryptocurrencies out there, at least according to Planet Crypto. But let’s be honest, most of them are...

Subscribe To Our Newsletter

Get Updated with All The latest Crypto News, Articles, Reviews, Analysis and much more. Delivered Every Monday.