Bitcoin Addresses Registered in One Hour Close to 25,000 About 25,000 new addresses were registered on the bitcoin blockchain in one hour on Wednesday, according to Glassnode data. The last time at these levels was in January 2018.

The number of registered Bitcoin addresses in one hour approached 25,000

About 25,000 new addresses were registered on the bitcoin blockchain in one hour on Wednesday, according to Glassnode data. The last time at these levels the indicator was in January 2018.

According to Glassnode, the average hourly number of registered addresses per day reached the mark at 24 807. In other words, in some hours this value could be even higher. The maximum value in 24 hours was 21 December 2017 years - then it exceeded 600,000.



A comparable level of registrations was observed in mid-January 2018, when bitcoin rolled back from record highs of about $ 20,000. During this week, the value came close to them, exceeding $ 18,000.

The number of addresses is not equivalent to the number of users. It is generally recommended to use multiple addresses for better privacy. At the same time, metrics indicating an increase in the use of bitcoin networks, considered among the factors determining its cost.

In addition, according to Glassnode, there are now 32.5 million non-zero-remainder addresses..
The indicator has grown steadily since March 2018 after a sharp decline in January of the same year..



The number of active addresses is around 850,000, an increase since the end of 2019, but still below the peaks 2017 year.

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