Ethereum Gets Ahead of USDT and Bitcoin in Global Adoption Race: New Data by Santiment
Analysis
Price Impact
MedWhile increased adoption is a strong fundamental for eth, current market conditions and broader market sentiment might temper immediate price impact. the data is historical and indicates a trend, not an immediate catalyst.
Trustworthiness
HighSantiment is a reputable on-chain analytics firm, and their data on wallet activity is generally considered reliable for assessing network adoption.
Price Direction
BullishA significant lead in active users over competitors like btc and usdt indicates strong network health and increasing utility. this fundamental strength often translates to long-term bullish price action for eth as it solidifies its position as a primary settlement layer.
Time Effect
LongThe data points to a trend that began over seven years ago and has been widening since. this suggests a long-term adoption trend that will likely continue to influence eth's price over an extended period.
Original Article:
Article Content:
Cover image via www.freepik.com Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. According to new data from Santiment , Ethereum (ETH) has gained significant dominance over other cryptocurrencies in terms of the number of active users. The Ethereum network is showing parabolic growth not only in the number of holders; in numerical terms, ETH currently has 182.74 million nonzero wallets. Advertisement For comparison, Bitcoin (BTC) and Tether (USDT) have 58.51 million and 12.96 million, respectively, nonzero wallets. It can therefore be said that Ethereum now has more than 3.12 times as many holders as Bitcoin and 14.1 times more than the most popular stablecoin. Surge in nonzero wallets widens Ethereum's lead over Bitcoin Interestingly, the turning point occurred more than seven years ago, on Feb. 11, 2019, when Ethereum first surpassed Bitcoin in the number of wallets with a balance above zero. Since then, the gap has only continued to widen. HOT Stories Ripple to Bag Crucial Australian License Crypto Market Review: Shiba Inu (SHIB) Resurrects With 8% Spike, Major XRP Trend Test Inbound, Bitcoin (BTC) Crosses $70,000 for Good Speaking about other major tokens such as XRP , ADA and Dogecoin, their holder counts are also significantly lower and, compared to the scale of Ethereum and Bitcoin, remain at the lower boundary of the chart. Advertisement Total Amount of Holders, Source: Santiment Why does this matter? The growth in the number of nonempty wallets is considered an important indicator of real network adoption. For Ethereum, this is driven by the development of the decentralized finance ecosystem, tokenization, stablecoins and layer-two networks. All of this requires having ETH in an account to pay fees and participate in operations. You Might Also Like Tue, 03/10/2026 - 20:46 Ethereum Activity at All-Time Highs Due to Mass Capitulation By Alex Dovbnya This structural demand continues to reinforce Ethereum’s position as the primary settlement layer for a wide range of on-chain financial and technological activities globally. As adoption expands, network effects may further accelerate user growth. Advertisement #Ethereum #Tether #Bitcoin