Crypto analytics firm IntoTheBlock says that Ethereum (ETH<\/a>) has just hit a \u201cmilestone moment for crypto adoption.\u201d<\/p>\n The firm notes<\/a> Ethereum officially crossed 100 million addresses with a balance.<\/p>\n Fellow crypto analytics firm Glassnode reported<\/a> that the number of non-zero ETH addresses was more than 100,000 back in July, but IntoTheBlock says<\/a> it excluded \u201cdust\u201d addresses with balance values less than 0.00001 ETH.<\/p>\n \u201cWe believe those addresses shouldn\u2019t realistically be counted for this metric to be significant.\u201d<\/em><\/p>\n ETH is trading for $1,569 at time of writing. The second-ranked crypto asset by market cap is down more than 67% from its all-time high of more than $4,800, which it hit in November 2021.<\/p>\n IntoTheBlock also notes that Ethereum is clocking around 961,000 average daily transactions, which is 36% down from its peak level of 1.51 million.<\/p>\n Bitcoin (BTC<\/a>), by comparison, is registering around 273,000 average daily transactions, which is 53% down from its all-time high level of 586,000.<\/p>\n According to the analytics firm, however, Bitcoin is held<\/a> for an average time of 4.2 years, which is twice the length of Ethereum.<\/p>\n \u201cDid you know that the average holding time for Bitcoin is 4.2 years? That\u2019s twice as long as ETH and Doge!\u201d<\/em><\/p>\n BTC is worth $28,680 at time of writing. The top-ranked crypto asset by market cap is more than 58% down from its all-time high of more than $69,000, which it hit in November 2021.<\/p>\n Don’t Miss a Beat \u2013 Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em>
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