• Significant wallet growth for TON and Dogecoin reflects increasing interest in alternative cryptocurrencies.

  • Stablecoin adoption remains robust, with USDT and USDC seeing substantial increases in user base.

  • Ethereum and Bitcoin’s steady growth underscores their resilience and continued market dominance.

The cryptocurrency market has seen significant shifts in the past six months, with notable growth in the number of non-empty wallets across various top market caps. As per Santiment, a top analytic firm,TONcoin (TON) stands out with a remarkable 110% growth, now boasting 16.8K wallets. Dogecoin (DOGE) follows suit, experiencing a 27% growth, bringing its total wallets to 6.6 million.

USDT, the leading stablecoin, has also seen a surge in adoption, witnessing a 23% growth, totaling 5.7 million wallets. Similarly, USDCoin (USDC) has experienced a 16% growth, now with 2.1 million wallets. Ethereum and Bitcoin, the two largest cryptocurrencies by market capitalization, have observed more modest growth rates of 11% and 10%, respectively. Ethereum now has 120.7 million wallets, while Bitcoin has 53.9 million.

📊 Sorted by greatest growth in the past 6 months, here is the net change of non-empty wallets among top market caps in #crypto (apologies to #BinanceCoin and #Solana, not pictured in this study): 🪙#Toncoin $TON 16.8K wallets (+110% growth) 🪙 #Dogecoin $DOGE 6.6M wallets… pic.twitter.com/IhjJn6syn2

— Santiment (@santimentfeed) May 3, 2024

XRP Ledger (XRP) and Chainlink (LINK) have also seen increases in wallet adoption, albeit at a slower pace. XRP has grown by 7%, reaching 5.2 million wallets, while Chainlink has seen a 6% growth, now totaling 727K wallets. However, Cardano (ADA) remains unchanged in wallet growth, maintaining 4.5 million wallets over the past six months.

TONcoin, currently priced at $5.34, has demonstrated impressive growth, up by 11.95% in the last 24 hours, with a trading volume of $231,586,585. Dogecoin, valued at $0.132873, has also experienced a surge, up by 3.78% in the last 24 hours, with a trading volume of $1,272,772,015. Tether and USDCoin, both stablecoins, have maintained stability in their prices, with Tether at $1.00 and USDCoin at $1.00, and trading volumes of $51,249,153,157 and $6,986,879,253, respectively.

Ethereum, currently priced at $2,978.19, has seen a modest increase of 1.38% in the last 24 hours, with a trading volume of $12,334,849,016. Bitcoin, valued at $59,363.70, has experienced a notable surge of 2.69% in the last 24 hours, with a trading volume of $29,568,103,143. XRP, priced at $0.523908, has increased by 2.36% in the last 24 hours, with a trading volume of $1,046,219,695. Chainlink, priced at $13.58, has seen a rise of 2.08% in the last 24 hours, with a trading volume of $258,588,317.

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