Ethereum $ETH prints new high in non-zero address count, glassnode says
According to Glassnode, the leading on-chain analysis service, today, July 9, 2022, over 83,662,470 wallets on the Ethereum blockchain have non-zero balances.
Typically, this network surges over time hand in hand with DeFi and dApps adoption. Not only retail users' wallets, but also automatically created addresses used in DeFis, are registered on this metric.This indicator ceased to surge only once in Ethereum's history: the net number of non-zero addresses reduced after the May 2021 highs of the Ether price.Meanwhile, Ethereum inches closer to its most crucial milestones in years, The Merge.
On July 7, 2022, The Merge was activated in Sepolia, the new Ethereum testnet. In the coming weeks, The Merge is expeced to come to Goerli - the last testing network before mainnet activation.
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