Algorithmic stablecoins attracted only a few daily active addresses in July 2025, with Celo Dollar being the main exception. The metric of active addresses is the closest thing available in the cryptocurrency world to active users. Within the blockchain, addresses are assigned to digital wallets to reliably ensure a transaction. An address can become active only within a set period of time, essentially allowing a user to make transactions. Successful transactions are then recorded and made visible on the blockchain with that address - although one cannot retrace the exact location or who owns that specific address.
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Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on July 31, 2025
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Statista. (August 1, 2025). Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on July 31, 2025 [Graph]. In Statista. Retrieved August 19, 2025, from https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista. "Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on July 31, 2025." Chart. August 1, 2025. Statista. Accessed August 19, 2025. https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista. (2025). Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on July 31, 2025. Statista. Statista Inc.. Accessed: August 19, 2025. https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista. "Number of Unique Addresses That Were Active on The Blockchain Network Either as a Sender or Receiver of Algorithmic Stablecoin on July 31, 2025." Statista, Statista Inc., 1 Aug 2025, https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
Statista, Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on July 31, 2025 Statista, https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/ (last visited August 19, 2025)
Number of unique addresses that were active on the blockchain network either as a sender or receiver of algorithmic stablecoin on July 31, 2025 [Graph], Statista, August 1, 2025. [Online]. Available: https://www.statista.com/statistics/1316851/algorithmic-stablecoin-active-addresses/
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