Ethereum Unique Addresses Break 50 Million, Active Wallet Number Keeps Dropping

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The number of unique Ethereum (ETH) wallet addresses has broken 50 million on Saturday, Dec. 15, according to data from the ETH BlockExplorer Etherscan.

Number of unique Ethereum addresses on Dec. 15, 2018

Number of unique Ethereum addresses on Dec. 15, 2018. Source: Etherscan.io

On Saturday, the Ethereum network saw a daily increase of 168,506 unique crypto wallets, following a steady growing trend this year. With that, the highest historical daily growth of unique Ethereum addresses took place on Jan. 4, 2018, with 352,888 new addresses created on the Ethereum network.

Highest historical growth of unique Ethereum addresses on Jan. 4, 2018

Highest historical growth of unique Ethereum addresses on Jan. 4, 2018. Source: Etherscan.io

While the unique address growth chart indicates the number of existing crypto wallets, there is also an index that shows the number of active crypto addresses, representing the number of unique sending and receiving addresses carrying out transactions on a certain day, according to the daily cryptocurrency data website Coinmetrics.

Referring to data from BitInfoCharts, the number of active Ethereum addresses has been decreasing steadily in 2018. Having peaked at around 1.1 million on Jan. 4, 2018, the amount of active Ethereum addresses has dropped below one million in mid-January, and has fallen by around 70 percent over the year — to 328,400 addresses recorded yesterday, Dec. 16.

Number of active Ethereum addresses in 2018

Number of active Ethereum addresses in 2018. Source: BitInfoCharts

According to Blockchain.com, the latest recorded number of unique Bitcoin (BTC) wallets accounted for 364,387 on Dec. 15, down from around one million on Jan. 3, 2018. The number of active BTC addresses amounts to around 461,000 as recorded yesterday, Dec. 16. The highest amount of active Bitcoin addresses was registered on Dec. 14, 2017, with more than 1.13 million active wallets, according to BitInfoCharts.

Recently, Cointelegraph reported that the number of crypto users has grown by almost 50 percent in 2018, having gained around 17 million new ID-verified users.