Opinion: An Increase In The Number Of Ethereum Wallets To 100 Mln Is Signal To The Beginning Of Bull Run
The number of wallets on the Ethereum network reached 100 million. Mythos Capital and crypto investor Ryan Sean Adams emphasized that it took 5 years:
100 Million Bank Accounts.
On Ethereum.
Ethereum doing to value what the internet did for communication.
Not likes & links but value & volume.
Not .gifs & .jpgs but erc20s & erc721s.
Not the internet of communication the internet of value.
đ
â Ryan Sean Adams – rsa.eth đ´ (@RyanSAdams) June 8, 2020
He compared this growth with the development of the Internet, which took 15 years to reach 100 million active domain names.
At the same time, the research cryptocurrency company Arcane Research noted that throughout the coinâs existence, there has been a steady increase in wallets with a balance of at least 32 ETH (exactly how many coins are needed to launch a node to validate transactions in the future Ethereum 2.0 network) – at the end of May 2020 there were such wallets almost 120,000:
đAnother sneak peek into our weekly market reportđ
Are investors getting ready for Ethereum staking? Data from @nansen_ai shows that almost 120,000 @ethereum wallets are ready for staking. This number has grown by 13% over the past year.
Read more here: https://t.co/UKFQKI2jze pic.twitter.com/G3nXhylelsâ Arcane Research (@ArcaneResearch) June 8, 2020
Also, Brave New Coin analyst Josh Olszewicz pointed out an important fact that may indicate Ethereum bull run in the next couple of months. The second cryptocurrency came close to the key resistance level of the
Source: en.bit.news
