One of the focal points of 2024 in spot Bitcoin ETFs Famous cryptocurrency platform awaiting approval centimeterwhich will experience the highest network growth in 2023 altcoins shared.
While Bitcoin ranks first in the network growth list, Exchange BTC with Ethereum (ETH), XRP, Cardano (ADA), Dogecoin (DOGE) and Chainlink (LINK) followed.
Accordingly, Santiment stated that some crypto networks also recorded significant growth in the first week of 2024, and added that the number of wallets with more than zero tokens increased.
According to centiment data, BTC And ETHhas a total of 52.6 million and 112.1 million owners respectively, while XRP has 4.9 million; ADA’s 4.5 million; DOGE has 5.7 million owners and LINK has 711 thousand owners.
Additionally, according to the data, ETH ranked first with 54% network growth in the last year, while ADA ranked second with 38% network growth.
BTC ranked third with a growth of 32%, XRP ranked fourth with 26%, DOGE ranked fifth with 22%, and LINK ranked last with a growth of 11%.
At this point, analysts stated that the increase observed in the number of Bitcoin, Ethereum and Cardano investors is compatible with the price increases experienced in 2023.
📊 Amount of wallets with >0 coins for #crypto‘s select notable networks:
📈 $BTC 52.6M: +32% 1y growth
📈 $ETH 112.1M: +54% 1y growth
📈 $XRP 4.9M: +26% 1y growth
📈 $ADA 4.5M: +38% 1y growth
📈 $DOGE 5.7M: +22% 1y growth
📈 $LINK 711.3K: +11% 1y growthhttps://t.co/1ahrcLsfRZ pic.twitter.com/3CnJPRVgE3— Santiment (@santimentfeed) January 8, 2024
*This is not investment advice.
For exclusive news, analysis and on-chain data Telegram our group, twitter our account and YouTube Follow our channel now! Moreover Android And iOS Start live price monitoring now by downloading our applications!