Top 5 cryptocurrencies with the highest address activity

Cryptocurrencies encompass more than just their current trading price, total market cap, and tokenomics. This groundbreaking technology, that’s behind shifting a trillion-dollar industry, was created to benefit individuals and tackle tangible issues, like the use of peer-to-peer cash systems.

Given this reality, the examination of the Daily Active Addresses (DAA) indicator, as accessed on the Santiment screener, can assist in identifying which projects have been actively used, and to what degree. As per the Santiment’s definition, DAA quantifies the count of unique addresses involved in all transactions for each crypto network on a daily basis.

Finbold analyzed the data delivered by Santiment on October 6, pinpointing the top 5 digital currencies boasting the highest daily active addresses within the preceding 30 days. Here’s what we discovered:

1. #Bitcoin (BTC): 1.04 million DDA in one month;

2. #Ethereum (ETH): 423,880 DDA in one month;

3. #Polygon (MATIC): 221,510 DDA in one month;

4. #Litecoin (LTC): 218,580 DDA in one month;

5. #BitcoinCash (BCH): 79,500 DDA in one month.