Ethereum and Bitcoin Continue to Lead in Address Growth
According to data from Santiment, the Ethereum network has reached a new milestone, with wallet addresses climbing to nearly 190 million. Bitcoin is also moving toward a major threshold, with its wallet address count approaching 60 million. The figures underline the continued dominance of the two largest blockchain networks in terms of on-chain reach and user footprint.
Wallet address totals are commonly used as a broad indicator of network scale and adoption. While address counts do not directly equal the number of individual users—since one person or entity can control multiple addresses—they still offer useful insight into asset distribution, transaction demand, and long-term ecosystem expansion.
Address Counts Across Major Crypto Assets
The data also highlights address totals for several major digital assets. Tether (USDT) on Ethereum has around 13.6 million addresses. XRP stands at about 7.8 million, while USD Coin (USDC) has roughly 6.8 million. Dogecoin (DOGE) comes in at approximately 8.3 million addresses, Cardano (ADA) at around 4.6 million, and Chainlink (LINK) at about 871,000.
These figures suggest that stablecoins and widely used payment or infrastructure tokens continue to maintain a large address base. In particular, USDT’s strong address presence on Ethereum reflects the key role stablecoins still play in blockchain-based transfers, settlement, and liquidity movement across crypto markets.
How to Read the Data
Ethereum nearing 190 million addresses and Bitcoin approaching 60 million point to sustained expansion in network reach. Still, address growth alone should not be treated as a definitive measure of active users or a standalone signal for market direction. A more complete assessment would combine address totals with metrics such as active addresses, transaction counts, and on-chain transfer volume to better understand real network usage.