- Surprisingly, TRON topped the list of cryptocurrencies with the most active daily addresses with 1,643,580.
- Bitcoin follows with 867,570 active addresses.
- Third place is Litecoin with 754,272 active daily addresses.
Cryptocurrencies are always in motion, constantly changing and evolving. They are often likened to the Wild West of finance, breaking away from the rules of traditional markets.
new analysis CoinJournal.net uses most recent data You can reveal which cryptocurrency has the highest average of daily active addresses as a sender or recipient of that cryptocurrency.
The snapshot from December 5, 2023 shows an interesting development. TRON has surpassed Bitcoin in terms of global daily user engagement.
Classes | cryptocurrency | Number of active addresses |
One | tron | 1,643,580 |
2 | Bitcoin | 867,570 |
three | Litecoin | 754,272 |
4 | Ethereum | 478,541 |
5 | mainly | 109,897 |
6 | Dogecoin | 99,677 |
7 | bitcoin cash | 93,186 |
8 | Cardano | 45,483 |
9 | USD Coin | 33,920 |
10 | ripple | 28,201 |
11 | Ethereum Classic | 15,472 |
12 | chain link | 5,021 |
13 | internet computer | 4,448 |
14 | die | 2,756 |
15 | Wrapped Bitcoin | 1,959 |
1. Tron (TRX)
At the forefront of blockchain activity on December 5, 2023 was TRON, which had an impressive daily active address of 1,643,580. Known for its high throughput and decentralized applications, the TRON network has garnered a significant user base that actively participates in TRX tokens.
2. Bitcoin (BTC)
Cryptocurrency pioneer Bitcoin maintained its strong position with 867,570 daily active addresses. Despite its relatively low throughput compared to some altcoins, Bitcoin’s widespread adoption and awareness has ensured a significant user base actively trading on the network.
3. Litecoin (LTC)
Litecoin ranks third with 754,272 daily active addresses. Known for faster block creation times compared to Bitcoin, Litecoin’s user-friendly features and efficient transaction processing have contributed to its significant presence in everyday blockchain activities.
4. Ethereum (ETH)
Ethereum, a pioneer in smart contract functionality, boasts 478,541 daily active addresses. The diversity of the Ethereum network and its wide range of decentralized applications have encouraged a wide range of users to actively participate in transactions.
5. Stellar (XLM)
Stellar ranked 5th with 109,897 daily active addresses. Stellar, with its focus on facilitating cross-border payments and linking traditional finance and blockchain, has attracted users looking for fast and cheap transactions.
“The cryptocurrency landscape, characterized by its dynamic nature, has long been dominated by the legacy and influence of Bitcoin,” said Max Coupland, Director of CoinJournal. However, TRON’s unexpected victory signals a potential shift in user preferences and highlights evolving demand within the cryptocurrency community. “While Bitcoin continues to attract a significant user base and remains a symbol of decentralized finance, TRON’s surge suggests that users are increasingly looking for platforms that offer more than just a store of value.”