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#wallet-creation News & Analysis

2 articles tagged with #wallet-creation. AI-curated summaries with sentiment analysis and key takeaways from 50+ sources.

2 articles
CryptoNeutralBlockonomi · Jun 16/10
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Bitcoin Network Activity Drops 44% From 2021 Peak

Bitcoin network activity has declined significantly, with daily active addresses dropping 44% from May 2021's peak of 1.12M to approximately 624K today. New wallet creation has similarly fallen 43%, reflecting a shift toward institutional adoption through spot Bitcoin ETFs that bypasses traditional on-chain activity metrics.

$BTC
CryptoBearishBitcoinist · May 86/10
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XRP Network Sees Steep Pullback In New User Activity From Its 2024 High

XRP network activity has declined sharply in May 2024, with new wallet address creation falling to 12-month lows despite the asset's previous bullish momentum. This pullback in on-chain adoption suggests that price weakness is beginning to erode user engagement and network growth, a concerning signal for long-term sustainability.

XRP Network Sees Steep Pullback In New User Activity From Its 2024 High
$XRP