Ethereum Monthly Active Addresses 5K USD
5K USD
As of
Correlation Score
95.67%
Active Addresses is one of the primary metrics that track Ethereum network activity. It represents the number of accounts that have recent transactions. The general assumption is that the more people use Ethereum on a regular basis, the more it proves its usefulness as a currency.
The value is computed by going through the blockchain and identifying addresses that have transacted at least 5K USD in the past 30 days.
*Notes:
- Correlation Score is the Pearson correlation coefficient. The number represents the correlation between the Active Wallet count and the Ethereum price.
- Historical data is calculated using the Ethereum USD price at the transaction date.