Bitcoin's (BTC) popularity continues to increase steadily, reaching an all-time high (ATH) regarding total non-zero addresses. As reported by Glassnode, a crypto analytics provider, the overall non-zero addresses reached around 46.1 million, a significant increase compared to previous years. Not only is this a major milestone for the currency, it's also a testament to its increasing popularity.

Since the beginning of 2021, BTC has skyrocketed in price, with the current market price of $28,762.12 and a trading volume of $16,305,417,279 as indicated by CoinMarketCap data. The cryptocurrency has seen a 72.64% growth year-to-date, which could be attributed to several inflations fueled rate hikes. It appears that the crypto-verse is embracing Bitcoin as a traditionally trusted asset, which is why numerous investors continue to pour their resources into it.

According to Glassnode’s data, when comparing for growth across Epochs, a slight decline in relative growth has been noted, yet an increase in absolute growth is still apparent. The first Epoch recorded one million addressed with 1.3M% growth, the second had a growth of 784M% across 8 million addresses, the third showed 233% growth with 21 million addresses, and the fourth displayed a growth of 54% with 16 million addresses.

Current data shows that over the last 3 years, nearly 200,000 non-zero addresses have been added with 1 or more BTC balances totaling a current value of 981K addresses. The 18th week on-chain of BTC revealed that short-term holders hold a greater dominance of around 95% of total inflows than their long-term counterparts. It seems that the long-term bet is still on for Bitcoin as more people jump on the lucrative investment bandwagon.



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