The chief of UK-based exchange CoinCorner has shared data which shows that daily active wallets emerge on the Bitcoin network much faster than on any other one, including such popular blockchains as Litecoin, Ethereum and XRP.
Meanwhile, the average fee for sending Bitcoin has reached a one-year high surpassing $7.
Users prefer Bitcoin to other crypto
The head of CoinCorner, Danny Scott, has taken to Twitter to share some interesting data that Bitcoiners would certainly appreciate.
As per the graph he has published, new BTC daily active addresses emerge much faster than those on any of the most popular altcoins – ETH, LTC, BCH and XRP.
According to this data, BTC daily active users appear much faster – 140 times – than those of XRP.
Graph to help visualise #Bitcoin growth of daily active addresses.
— Danny Scott (@CoinCornerDanny) May 20, 2020
Comparison to alts for perspective (Avg daily):
BTC - 700k
ETH - 250k
LTC - 50k
BCH - 25k
XRP - 5k pic.twitter.com/fdqs5n8Yd8
Average BTC fee surges to $7.02
According to the recent tweet of the analytics company Glassnode, the mean BTC fee has now reached a one-year high and now it amounts to $7.02.
Recently, the seasoned trader and founder of Quantum Economics tweeted that an average fee for sending BTC constituted $5.82 but that should change in 91 blocks, when the Bitcoin difficulty gets adjusted.
? #Bitcoin $BTC Mean Fee Paid (1d MA) just reached a 1-year high of $7.02
— glassnode alerts (@glassnodealerts) May 20, 2020
Previous 1-year high of $6.96 was observed on 27 June 2019
View metric:https://t.co/whwJoY8AhP pic.twitter.com/E5QzX7M6UF
Number of wallets holding 0.1+ BTC hits an ATH
Glassnode has also reported that the amount of Bitcoin addresses on which their owners hold over 0.1 BTC has surged to a new all-time high of 3,048,655.
Compared to the previous ATH two days ago, the new value exceeds the previous one by nearly 8,000 wallets.
? #Bitcoin $BTC Number of Addresses holding 0.1+ coins just reached an ATH of 3,048,655.000
— glassnode alerts (@glassnodealerts) May 19, 2020
Previous ATH of 3,040,989.000 was observed on 18 May 2020
View metric:https://t.co/hZY8dBLpzX pic.twitter.com/i2xyLLevd6
Vladislav Sopov