Crypto Market Experiences Surge in Activity

In recent weeks, a significant increase in investor activity has been observed in the cryptocurrency market. Bitcoin has entered a new price rally, testing the $68,000 level. Popular altcoins like Ethereum and Solana are also maintaining an upward trend. With investor interest returning to the market, the fear and greed index has shown greed for the first time in two and a half months. This situation has been declared the beginning of “Uptober” by many traders.

Active Crypto Addresses on the Rise

A report by A16zcrypto presented impressive data on investor activities. According to the report, the cryptocurrency market has reached the highest monthly active address count to date. Last month, approximately 220 million active addresses were recorded, a figure that has tripled compared to 2023 data.