According to U.Today, the latest analysis report shows that Bitcoin has surpassed its top ten competitors - the original Meme coin DOGE and Cardano's native PoS token ADA. The report shows that the recent activities of Bitcoin's large and small investors far exceed those of Dogecoin and Cardano. A report released by on-chain data aggregator Santiment shows that despite high price volatility, the number of Bitcoin non-zero wallets is increasing rapidly. As for leading altcoins such as Dogecoin and Cardano, DOGE wallets grew earlier this year, but have now flattened the upward curve. In addition, Santiment said that ADA is "one of the few networks with a decline in the number of active wallets."
Ali Martinez, a cryptocurrency analyst and trader, noted that Bitcoin whale activity has dropped significantly over the past two weeks. Therefore, a significant increase in Bitcoin whale transactions could help lift Bitcoin prices from the current $62,964 level.
