Ethereum Surpasses 182M Wallets, Outpacing Bitcoin by More Than Threefold

Ethereum has surpassed Bitcoin in user adoption, with its network boasting an all-time high of 182.74 million non-empty wallets.

This milestone is a significant indicator of Ethereum's growing popularity and its position as a leader in the blockchain space.

The data from on-chain analytics firm Santiment shows that Ethereum has more than tripled the number of Bitcoin users, with the latter trailing at 58.51 million addresses.

Ethereum's smart-contract functionality is widely attributed to its success, as it supports a broad ecosystem of decentralized finance applications and tokens, drawing users who interact with multiple protocols rather than simply holding a single asset.