Release: 2024/07/25 14:09 Reading: 257
Altcoin Analysis: Santiment Unveils Decade-Long Non-Empty Wallet Count Chart
Prominent crypto analytics platform Santiment recently published a decade-long chart showcasing the cumulative number of non-empty cryptocurrency wallets. This comprehensive data provides insights into the long-term adoption and retention rates of leading altcoins.
According to Santiment's latest social media update, Litecoin, a trailblazer in the altcoin space, leads the pack with a remarkable 8.08 million non-empty wallets. This substantial figure reflects the enduring community and unwavering support for Litecoin.
Following closely behind is Dogecoin, the meme-inspired sensation that has garnered immense popularity. Dogecoin boasts an impressive 6.69 million non-empty wallets, demonstrating its persistent appeal.
XRP Ledger, the issuer of the XRP token, occupies the third position with approximately 5.24 million non-empty wallets. This signifies its widespread adoption within the financial industry.
Cardano, a renowned proof-of-stake blockchain, comes in fourth with 4.48 million non-empty wallets. This indicates the steady expansion of its user base and the platform's potential for continued growth.
Shiba Inu, another meme-inspired crypto, has accumulated 1.39 million non-empty wallets. While smaller in comparison to other altcoins, this number still suggests a significant community base.
Finally, Chainlink, a decentralized oracle network, holds a notable position with 722,000 non-empty wallets. This illustrates its resilient presence within the decentralized finance (DeFi) sector.
Santiment's insightful chart provides a valuable snapshot of the altcoin market, highlighting those that have maintained their positions with a substantial number of active users.
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