Daily active Ethereum (ETH) addresses up until November 9, 2022
The number of addresses that actively sent or received Ethereum coins on the blockchain peaked in April 2021, nearly reaching one million on a single day. In the following months, this number varied dramatically from day to day, reaching below 500,000 addresses at is lowest point. Although the cryptocurrency has an unlimited supply - unlike Bitcoin, of which there can only be 21 million tokens and not a single more - the Ethereum blockchain received an update in August 2021, EIP-1559, that both increased the block size needed to create new coins and destroyed any transactions fees, rather then send them to the original miners. This led to a decline in issuance, as mining Ethereum essentially was made less profitable. This is expected to decline further when Ethereum 2.0 arrives.
