Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SLOT
  • CASINO
  • SPORTSBET
  • SUBMIT
Crypto Flexs
Home»ALTCOIN NEWS»Crypto Hits New All-Time High in Active Addresses Amid ‘Healthy Correction in Bull Market’: Jamie Coutts
ALTCOIN NEWS

Crypto Hits New All-Time High in Active Addresses Amid ‘Healthy Correction in Bull Market’: Jamie Coutts

By Crypto FlexsSeptember 12, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto Hits New All-Time High in Active Addresses Amid ‘Healthy Correction in Bull Market’: Jamie Coutts
Share
Facebook Twitter LinkedIn Pinterest Email

According to analyst Jamie Coutts, the smart contract platform has reached an all-time high in active addresses despite the price correction, which is a good sign for the asset class.

Citing active address data from analytics platform Artemis, Coutts said the current surge amid price declines is a positive sign.

“The daily active addresses metric for the Smart Contract Platform (SCP) has reached an all-time high of 17 million, up from 5 million 12 months ago.

The overall market value is down 35% since March, but up 63% from a year ago.

This is a healthy correction in a long-term bull market.”

Source: Jamie Coutts/X

According to Artemis data, Solana’s active addresses have been on the rise since late 2023, and have since surpassed Ethereum (ETH). However, Ethereum still leads Solana in stablecoin market cap, stablecoin transfers, total value locked (TVL), and other metrics.

Source: Artemis

In a new video update, Coutts said that market liquidity has started to increase, which is allowing Bitcoin (BTC) to rally in the last four months of the year, with the leading cryptocurrency performing well across the board.

“I think people in crypto are very focused on the short term. What moves crypto long term is things like liquidity, and that has definitely improved…

“If you look at it broadly, I think Q4 is set to be pretty bullish. If you look at Bitcoin over the last few years, September has always been pretty shaky. But Q4 is when Bitcoin has done pretty well. So from there, trading could pick up. Barring any major escalation or unexpected geopolitical developments, I think Q4 could still be pretty bullish.”

Don’t miss out – subscribe to receive email notifications straight to your inbox

Price check task

Follow us XFacebook and Telegram

Surfing the Daily Hodl Mix

&nbsp

Disclaimer: The opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investment in Bitcoin, cryptocurrencies or digital assets. Your transfers and transactions are at your own risk and any losses you may incur are your own responsibility. The Daily Hodl does not recommend buying or selling cryptocurrencies or digital assets and The Daily Hodl is not an investment advisor. The Daily Hodl participates in affiliate marketing.

Generated image: DALLE-3

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The throat is falling, but the jupnet and ajup spark recovery reduce the potential

October 2, 2025

The method of transforming ASTER WHALES into panic is as follows.

September 25, 2025

The XRP market value surpasses Shopify, Verizon, and Citigroup. Whales sell 40m coins.

September 18, 2025
Add A Comment

Comments are closed.

Recent Posts

Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches “Chairman’s Message” Video Series

October 7, 2025

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025

Bitcoin Steadies at Rally -Is another powerful brake out just in the future?

October 6, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 2.83 Million Tokens And Total Crypto And Cash Holdings Of $13.4 Billion

October 6, 2025

BC.GAME News Backs Deccan Gladiators As Title Sponsor In 2025 Abu Dhabi T10 League

October 6, 2025

Unity modifies mobile games and password wallets that threaten important vulnerability.

October 6, 2025

BitDigital becomes the first public Etherrium for distributing unsecured leverage -details -Details

October 6, 2025

Cango Inc. Announces September 2025 Bitcoin Production And Mining Operations Update

October 6, 2025

Cake Eyes 60% Rally Pancake WAP

October 5, 2025

Bitcoin Pullback — ETFs Drive Capital Flows, Altcoins Like SOL And XRP Boost Investor Returns

October 5, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

Eightco Holdings Inc. ($ORBS) Digital Asset Treasury Launches “Chairman’s Message” Video Series

October 7, 2025

Zeta Network Group Enters Strategic Partnership With SOLV Foundation To Advance Bitcoin-Centric Finance

October 7, 2025

Saylor tells MRBAST to buy Bitcoin even after pause the BTC purchase.

October 7, 2025
Most Popular

Market experts say there is a lack of price action on Donald Trump’s inauguration.

January 20, 2025

Restrictive OTC regulations for institutions following Hong Kong ETF launch

May 1, 2024

Safe solution for bybit hacking

April 10, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.