{"id":541675,"date":"2023-07-07T14:30:36","date_gmt":"2023-07-07T14:30:36","guid":{"rendered":"https:\/\/shenyangcang.com\/?p=541675"},"modified":"2023-07-07T11:58:36","modified_gmt":"2023-07-07T11:58:36","slug":"ethereum-address-creation-spikes-adoption-on-the-rise","status":"publish","type":"post","link":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/","title":{"rendered":"Ethereum Address Creation Spikes, Adoption On The Rise?"},"content":{"rendered":"

On-chain data shows that the Ethereum network has been observing high address creation recently, a sign that adoption could be going up.<\/p>\n

Ethereum Network Growth Has Registered High Values Recently<\/h2>\n

According to data from the on-chain analytics firm Santiment<\/a>, ETH’s network growth has now hit its highest level in around four months. The “network growth<\/a>” here refers to a metric that keeps track of the total amount of new addresses that are being created on the Ethereum blockchain.<\/p>\n

When the value of this metric is high, it means that a large amount of new addresses are coming online on the network. New addresses may be considered analogous to new users joining the chain, so this kind of trend can be a sign that the cryptocurrency is observing high adoption<\/a> at the moment.<\/p>\n

On the other hand, low values of the indicator can imply not many new investors are coming to the network as there aren’t many new ETH addresses being created. Such a trend can be a sign that the asset isn’t looking very attractive to the general public currently.<\/p>\n

Now, here is a chart that shows the trend in the Ethereum network growth over the last few months:<\/p>\n

\"Ethereum<\/p>\n

Looks like the value of the metric has been quite high in recent days | Source: Santiment on Twitter<\/a><\/pre>\n
As displayed in the above graph, the Ethereum network growth has been observing a rise recently. This would suggest that addresses are being created at increasingly faster rates right now.<\/p>\n
Related Reading: Bitcoin Exchange Supply Continues To Slip, Holders Not Interested In Selling?<\/a><\/div>\n
Generally, adoption picks up during periods of high price volatility as the investors usually find such price action exciting, and so, the network growth indicator can register a spike.<\/p>\n
Recently, however, the asset’s price has been mostly moving sideways below the $1,900 level, making it interesting that the indicator has been going up nonetheless. Perhaps the general investors saw the rally<\/a> that lead up to this period of consolidation and now think that it may pick up again eventually.<\/p>\n
During the past week alone, the metric has seen a combined value of 550,800, meaning that 550,800 new addresses have just been created on the Ethereum network in this period.<\/p>\n
Usually, adoption can have a constructive effect on the cryptocurrency’s price, as it shows increasing interest in the asset, which is generally also accompanied by an influx of more capital into the coin.<\/p>\n
Related Reading: Solana Registers 20% Rise In Past Week, But Can SOL Keep This Up?<\/a><\/div>\n
Though, the impact from such a growth in the network doesn’t usually immediately appear; the effect on the cryptocurrency’s market cap may be visible in the long term.<\/p>\n
Still, the adoption accelerating while the rally has slowed down to a crawl can be a positive for those hoping to see the price surge restart, as it at least means that interest in the asset hasn’t died down yet.<\/p>\n
ETH Price<\/h2>\n
At the time of writing, Ethereum is trading around $1,800, down 1% in the last week.<\/p>\n
\"Ethereum<\/p>\n
ETH has been mostly moving sideways recently | Source: ETHUSD on TradingView<\/a><\/pre>\n
Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Santiment.net<\/div>\n","protected":false},"excerpt":{"rendered":"
On-chain data shows that the Ethereum network has been observing high address creation recently, a sign that adoption could be going up. Ethereum Network Growth Has Registered High Values Recently According to data from the on-chain analytics firm Santiment, ETH’s network growth has now hit its highest level in around four months. The “network growth” here refers to a metric that keeps track of the total amount of new addresses that are being created on the Ethereum blockchain. When the value of this metric is high, it means that a large amount of new addresses are coming online on the network. New addresses may be considered analogous to new users joining the chain, so this kind of trend can be a sign that the cryptocurrency is observing high adoption at the moment. On the other hand, low values of the indicator can imply not many new investors are coming to the network as there aren’t many new ETH addresses being created. Such a trend can be a sign that the asset isn’t looking very attractive to the general public currently. Now, here is a chart that shows the trend in the Ethereum network growth over the last few months: Looks like the value of the metric has been quite high in recent days | Source: Santiment on Twitter As displayed in the above graph, the Ethereum network growth has been observing a rise recently. This would suggest that addresses are being created at increasingly faster rates right now. Related Reading: Bitcoin Exchange Supply Continues To Slip, Holders Not Interested In Selling? Generally, adoption picks up during periods of high price volatility as the investors usually find such price action exciting, and so, the network growth indicator can register a spike. Recently, however, the asset’s price has been mostly moving sideways below the $1,900 level, making it interesting that the indicator has been going up nonetheless. Perhaps the general investors saw the rally that lead up to this period of consolidation and now think that it may pick up again eventually. During the past week alone, the metric has seen a combined value of 550,800, meaning that 550,800 new addresses have just been created on the Ethereum network in this period. Usually, adoption can have a constructive effect on the cryptocurrency’s price, as it shows increasing interest in the asset, which is generally also accompanied by an influx of more capital into the coin. Related Reading: Solana Registers 20% Rise In Past Week, But Can SOL Keep This Up? Though, the impact from such a growth in the network doesn’t usually immediately appear; the effect on the cryptocurrency’s market cap may be visible in the long term. Still, the adoption accelerating while the rally has slowed down to a crawl can be a positive for those hoping to see the price surge restart, as it at least means that interest in the asset hasn’t died down yet. ETH Price At the time of writing, Ethereum is trading around $1,800, down 1% in the last week. ETH has been mostly moving sideways recently | Source: ETHUSD on TradingView Featured image from Kanchanara on Unsplash.com, charts from TradingView.com, Santiment.net<\/p>\n","protected":false},"author":542,"featured_media":541716,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[13625],"tags":[8323,1946,88582,88580,88581,8686],"class_list":["post-541675","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ethereum","tag-eth","tag-ethereum","tag-ethereum-adoption","tag-ethereum-network-growth","tag-ethereum-new-addresses","tag-ethusd"],"acf":[],"yoast_head":"\nEthereum Address Creation Spikes, Adoption On The Rise?<\/title>\n<meta name=\"description\" content=\"On-chain data shows the Ethereum network has been observing high address creation recently, a sign that adoption could be going up.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ethereum Address Creation Spikes, Adoption On The Rise?\" \/>\n<meta property=\"og:description\" content=\"On-chain data shows the Ethereum network has been observing high address creation recently, a sign that adoption could be going up.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-07T14:30:36+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-07T11:58:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1703\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Keshav Verma\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/keshavvarma29\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Keshav Verma\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/\"},\"author\":{\"name\":\"Keshav Verma\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\"},\"headline\":\"Ethereum Address Creation Spikes, Adoption On The Rise?\",\"datePublished\":\"2023-07-07T14:30:36+00:00\",\"dateModified\":\"2023-07-07T11:58:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/\"},\"wordCount\":508,\"publisher\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703\",\"keywords\":[\"ETH\",\"ethereum\",\"Ethereum Adoption\",\"Ethereum Network Growth\",\"Ethereum New Addresses\",\"ethusd\"],\"articleSection\":[\"Ethereum\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/\",\"url\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/\",\"name\":\"Ethereum Address Creation Spikes, Adoption On The Rise?\",\"isPartOf\":{\"@id\":\"https:\/\/shenyangcang.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703\",\"datePublished\":\"2023-07-07T14:30:36+00:00\",\"dateModified\":\"2023-07-07T11:58:36+00:00\",\"description\":\"On-chain data shows the Ethereum network has been observing high address creation recently, a sign that adoption could be going up.\",\"breadcrumb\":{\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage\",\"url\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703\",\"contentUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703\",\"width\":2560,\"height\":1703,\"caption\":\"Ethereum\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/shenyangcang.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ethereum Address Creation Spikes, Adoption On The Rise?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/shenyangcang.com\/#website\",\"url\":\"https:\/\/shenyangcang.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/shenyangcang.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/shenyangcang.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/shenyangcang.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/shenyangcang.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6\",\"name\":\"Keshav Verma\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/shenyangcang.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g\",\"caption\":\"Keshav Verma\"},\"description\":\"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.\",\"sameAs\":[\"https:\/\/www.linkedin.com\/in\/keshavverma29\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29\"],\"url\":\"https:\/\/shenyangcang.com\/author\/hououinkyouma29\/\"}]}<\/script>\n","yoast_head_json":{"title":"Ethereum Address Creation Spikes, Adoption On The Rise?","description":"On-chain data shows the Ethereum network has been observing high address creation recently, a sign that adoption could be going up.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/","og_locale":"en_US","og_type":"article","og_title":"Ethereum Address Creation Spikes, Adoption On The Rise?","og_description":"On-chain data shows the Ethereum network has been observing high address creation recently, a sign that adoption could be going up.","og_url":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-07-07T14:30:36+00:00","article_modified_time":"2023-07-07T11:58:36+00:00","og_image":[{"width":2560,"height":1703,"url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"Keshav Verma","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/keshavvarma29","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Keshav Verma","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#article","isPartOf":{"@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/"},"author":{"name":"Keshav Verma","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6"},"headline":"Ethereum Address Creation Spikes, Adoption On The Rise?","datePublished":"2023-07-07T14:30:36+00:00","dateModified":"2023-07-07T11:58:36+00:00","mainEntityOfPage":{"@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/"},"wordCount":508,"publisher":{"@id":"https:\/\/shenyangcang.com\/#organization"},"image":{"@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703","keywords":["ETH","ethereum","Ethereum Adoption","Ethereum Network Growth","Ethereum New Addresses","ethusd"],"articleSection":["Ethereum"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/shenyangcang.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/","url":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/","name":"Ethereum Address Creation Spikes, Adoption On The Rise?","isPartOf":{"@id":"https:\/\/shenyangcang.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage"},"image":{"@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703","datePublished":"2023-07-07T14:30:36+00:00","dateModified":"2023-07-07T11:58:36+00:00","description":"On-chain data shows the Ethereum network has been observing high address creation recently, a sign that adoption could be going up.","breadcrumb":{"@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#primaryimage","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703","contentUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703","width":2560,"height":1703,"caption":"Ethereum"},{"@type":"BreadcrumbList","@id":"https:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/shenyangcang.com\/"},{"@type":"ListItem","position":2,"name":"Ethereum Address Creation Spikes, Adoption On The Rise?"}]},{"@type":"WebSite","@id":"https:\/\/shenyangcang.com\/#website","url":"https:\/\/shenyangcang.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/shenyangcang.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/shenyangcang.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/shenyangcang.com\/#organization","name":"NewsBTC","url":"https:\/\/shenyangcang.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/shenyangcang.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/bdb6d57b7ea5cc00981204795656d1a6","name":"Keshav Verma","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/shenyangcang.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d9c67b0b4a94fb480d44f29de96266e?s=96&d=mm&r=g","caption":"Keshav Verma"},"description":"Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been the longest he has been attached to. In terms of official educational qualifications, Keshav holds a bachelor\u2019s degree in Physics from one of the premier institutes of India, the University of Delhi (DU). He started the degree with an aim of eventually making a career in Physics, but the onset of COVID led to a shift in plans. The virus meant that the college classes had to be delivered in the online-mode and with it came free time for him to explore other passions. Initially only seeking to make some beer money, Keshav unexpectedly landed clients offering real projects, after which there was no looking back. Writing was something he had always enjoyed and to be able to do it for a living was like a dream come true. Keshav completed his Physics degree in 2022 and has been focusing on his writing career since, but that doesn\u2019t mean his passion for Physics has ended. He eventually plans to re-enter university to obtain a masters degree in the same field, but perhaps only to satiate his own interest rather than for using it as a means to find employment.. Keshav has found blockchain and its concepts fascinating ever since he started going down the rabbit-hole back in 2020. On-chain analysis in particular has been something he likes to research more about, which is why his NewsBTC pieces tend to involve it in some form. Being of the science background, Keshav likes if concepts are clear and consistent, so he generally explains the indicators he talks about in a bit of detail so that the readers can perhaps come out having understood and learnt something new. As for hobbies, Keshav is super into football, anime, and videogames. He enjoys football not only as a watcher, but also as a player. For games, Keshav generally tends towards enjoying singleplayer adventures, with EA FC (formerly FIFA) being the only online game he is active in. Though, perhaps due to being ultra-focused on the game, he is today a semi-pro on the EA FC scene, regularly participating in tournaments and sometimes even taking back prize money. Because of his enthusiasm for anime and games, he also self-learned Japanese along the way to consume some of the untranslated gems out there. The skill didn\u2019t merely remain as just a hobby, either, as he put it to productive use during his exploration for small-time gigs at the start of COVID, fulfilling a couple of Japanese-to-English translation jobs. Keshav is also big into fitness, with agility and acceleration-related workouts making a big part of his program due to the relevance they have in football. On top of that, he also has a more traditional strength based program for the gym, which he does to maintain an overall fitness level of his body.","sameAs":["https:\/\/www.linkedin.com\/in\/keshavverma29\/","https:\/\/x.com\/https:\/\/twitter.com\/keshavvarma29"],"url":"https:\/\/shenyangcang.com\/author\/hououinkyouma29\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Ethereum Address Creation Spikes, Adoption On The Rise?","url":"http:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/shenyangcang.com\/news\/ethereum\/ethereum-address-creation-spikes-adoption-on-the-rise\/"},"thumbnailUrl":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703"},"articleSection":"Ethereum","author":[{"@type":"Person","name":"Keshav Verma"}],"creator":["Keshav Verma"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["eth","ethereum","ethereum adoption","ethereum network growth","ethereum new addresses","ethusd"],"dateCreated":"2023-07-07T14:30:36Z","datePublished":"2023-07-07T14:30:36Z","dateModified":"2023-07-07T14:30:36Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Ethereum Address Creation Spikes, Adoption On The Rise?\",\"url\":\"http:\\\/\\\/shenyangcang.com\\\/news\\\/ethereum\\\/ethereum-address-creation-spikes-adoption-on-the-rise\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/shenyangcang.com\\\/news\\\/ethereum\\\/ethereum-address-creation-spikes-adoption-on-the-rise\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2023\\\/07\\\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703\"},\"articleSection\":\"Ethereum\",\"author\":[{\"@type\":\"Person\",\"name\":\"Keshav Verma\"}],\"creator\":[\"Keshav Verma\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/shenyangcang.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"eth\",\"ethereum\",\"ethereum adoption\",\"ethereum network growth\",\"ethereum new addresses\",\"ethusd\"],\"dateCreated\":\"2023-07-07T14:30:36Z\",\"datePublished\":\"2023-07-07T14:30:36Z\",\"dateModified\":\"2023-07-07T14:30:36Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/shenyangcang.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/shenyangcang.com\/wp-content\/uploads\/2023\/07\/kanchanara-RhcP9Sw-cGA-unsplash-scaled.jpg?fit=2560%2C1703","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts\/541675"}],"collection":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/users\/542"}],"replies":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/comments?post=541675"}],"version-history":[{"count":0,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/posts\/541675\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/media\/541716"}],"wp:attachment":[{"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/media?parent=541675"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/categories?post=541675"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/shenyangcang.com\/wp-json\/wp\/v2\/tags?post=541675"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}