Ethereum Active Addresses Approached Bitcoin’s Level This Month

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The largest smart contract network, Ethereum, (ETH), began to challenge Bitcoin (BTC) in June. It briefly surpassed it by the number active addresses. This was due to a sharp drop in activity on BTC before rebounding.

Santiment, an on-chain analysis company, and Coin Metrics, a crypto intelligence firm, provide different data. It shows that at least one…