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100 fascinating facts about crypto’s last 100 days

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Crypto knowledge aggregator CoinMetrics has compiled a listing of 100 insights into the current efficiency of the digital asset markets — and the figures add as much as a really bullish image for the ecosystem. 

Launched to rejoice the one hundredth subject of its “State of the Network” report, the listing notes {that a} $100 funding made into Dogecoin (DOGE) 100 days in the past can be value $2,742 at the moment — outperforming the identical $100 funding in Bitcoin (BTC) (which might be valued at $135 at the moment), Ether (ETH) ($186), and Uniswap (UNI) ($401).

Worth efficiency of BTC, ETH, UNI, and DOGE over previous 100 days: CoinMetrics

The report states that Bitcoin has seen $14.5 billion value of “trusted trading volume” in 100 days, alongside $6.1 billion value Ether, $2.4 billion value of XRP, $2.3 billion value of DOGE, and $1.3 billion value of Cardano (ADA) over the identical interval. 

When just lately lively addresses, veteran networks seem to nonetheless be the most well-liked — with almost 611,000 lively every day Ethereum addresses over the previous 100 days and 1.12 million lively Bitcoin wallets. Bitcoin set a brand new file for every day exercise on April 14 with 1.36 million wallets participating with the community.

Over the previous 100 days, a complete of 1.4 million addresses have engaged with the highest DeFi protocols — Uniswap, Aave, Compound, MakerDAO and Synthetix — whereas the Litecoin community has hosted 24.4 million lively wallets.

Customers are paying to entry the Ethereum mainnet at an accelerated tempo, with $2.3 billion of the $3.17 billion in whole charges which have ever been generated by Ethereum, having been recorded because the begin of 2021. In contrast, Bitcoin has generated roughly $2 billion in charges over the community’s lifetime.

The common Bitcoin transaction price was $20.68 over the previous 100 days, whereas Ethereum transactions averaged $16.68 over the identical interval. Bitcoin’s common transaction measurement of $30,000 has been nearly double Ethereum’s $15,660 because the begin of 2021.

Regardless of Ethereum’s impending transition to proof-of-stake, Ethereum’s hash fee has grown at 4.5 occasions the speed of Bitcoin because the begin of the yr, with Ethereum up 89%, whereas Bitcoin’s hashing energy has elevated by 20%.

The report additionally notes the surging reputation of stablecoins, with Tether’s (USDT) provide on Ethereum growing from 13.5 billion to 24.4 billion this yr. Nevertheless, that was outshone by the quantity of USDT on Tron, which grew from 6.8 billion to 26 billion. USD Coin (USDC) expanded 234%, from 4.1 billion to 13.7 billion, and circulating Dai was up 192%, from 1.2 billion to three.5 billion, because the begin of the yr.

“It took about 2.5 years for stablecoin supply to grow from 1B to 10B. It took less than a year to grow from 10B to over 75B,” CoinMetrics wrote, including:

“Total stablecoin supply is on pace to pass $100 billion before the end of 2021.”

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