Ethereum address activity has for the first time in history surpassed Bitcoin according to data provided by analytics firm Santiment.
Ethereum’s native token has since pumped adding more than 6 percent to cement its place above $2,100.
Ethereum fans have throughout the year suggested that Ethreum could overtake Bitcoin to become the largest cryptocurrency by market cap in the world. Prior to the 28th of June, Ethereum had outperformed Bitcoin in terms of price-performance but not much else. But now, Ethereum has set history after surpassing Bitcoin in address activity. Ethereum’s native token ETH has responded with a more than 5 percent jump to extend its position above $2,000 after climbing above $2,100 according to our data.
Bitcoin’s address activity has for the last few weeks been on a decline with prices currently struggling in the $30K to $35K range. Although ETH has also struggled in recent months, its performance has been correlated to BTC. Market pundits have tipped t
