Number of Non-Empty Wallets on the Ethereum Network Exceeds 200 Million

cryptonews.ruPublished on 2026-07-30Last updated on 2026-07-30

Abstract

According to analytics platform Santiment, the number of Ethereum wallets with a non-zero balance has surpassed 200 million for the first time. This key metric reflects sustained investor activity within the network, especially as the growth occurred amidst a broader decline in cryptocurrency prices. Analysts note that while one user can control multiple wallets, the increasing number of active addresses indicates more wallets are holding assets, using applications, or staying connected despite weak price performance. Santiment also recorded growth in other ecosystems. The number of non-empty wallets for XRPL and USDC has exceeded 8 million, while Chainlink has surpassed 900,000. The expansion of the USDC user base is attributed to an increase in stablecoin transactions and the development of issuer Circle's partnerships with major financial institutions. Similarly, the growth in Chainlink and XRPL wallets is linked to the advancement of their respective payment services.

Updated: 2026-07-29

According to the analytical platform Santiment, the number of Ethereum wallets with a non-zero balance has for the first time exceeded 200 million.

Although one user can own multiple wallets, this metric remains an important indicator of investor activity on the network. Moreover, the growth occurred against the backdrop of a general decline in cryptocurrency prices, meaning market participants' interest in digital assets persists even under difficult conditions.

One wallet does not always mean one person, but the growing number of non-empty wallets still indicates that more and more addresses are holding assets, using applications, or staying connected, despite weak price momentum, analysts reported.

Simultaneously, Santiment recorded growing popularity for other projects as well. For instance, the number of non-empty wallets for XRPL and $USDC exceeded 8 million, while for Chainlink this figure crossed the 900,000 mark.

The expansion of the $USDC user base is linked to an increase in stablecoin transactions and the development of issuer Circle's partnership programs with major financial institutions. For example, Circle is collaborating with the Japanese payment system JCB to test cross-border payments using $USDC.

The growth in the number of wallets on the Chainlink and XRPL networks is also associated with the development of payment services.

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Related Questions

QAccording to the article, what is the new milestone reached by Ethereum wallets with a non-zero balance?

AAccording to data from Santiment, the number of Ethereum wallets with a non-zero balance has surpassed 200 million for the first time.

QWhy is the growth in the number of non-zero Ethereum wallets significant, despite one user potentially owning multiple wallets?

AIt remains an important indicator of investor activity, especially as this growth occurred against a backdrop of declining cryptocurrency prices, suggesting sustained market interest even in challenging conditions.

QWhich other projects did Santiment report growth in the number of non-zero wallets for?

ASantiment reported growth for XRPL (exceeding 8 million non-zero wallets), $USDC (exceeding 8 million), and Chainlink (surpassing 900,000).

QWhat is cited as a reason for the expansion of the $USDC user base?

AThe expansion is linked to an increase in stablecoin transactions and the development of issuer Circle's partnership programs with major financial institutions, such as its collaboration with Japanese payment system JCB for cross-border payment tests using $USDC.

QWhat is a common factor linked to the growth of non-zero wallets in the Chainlink and XRPL networks?

AThe growth is also associated with the development of payment services on these networks.

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