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Bitcoin was not the most exchanged cryptocurrency last week, for the first time

Bitcoin was not the most exchanged cryptocurrency last week, for the first time

India Today
Tuesday, July 06, 2021 07:10:48 AM UTC

Bitcoin has been the baton holder for cryptocurrency market for a long time but its position as the ultimate crypto is in danger for the first time.

Bitcoin has been the baton holder for cryptocurrency market for a long time, but its position as the ultimate crypto is in danger for the first time. Ethereum has outpaced Bitcoin in the total number of transactions last week, for the first time. The crypto also saw more daily active addresses which is basically the active number of participants of Ether. The data indicates that more and more investors are moving towards Ethereum, and it may soon be able to close down the gap on Bitcoin. The transaction data was confirmed by Santiment, a crypto analytics company, which tweeted that Ether (the official currency of the Ethereum network, and the second oldest major token that's still around) created history, surpassing Bitcoin for the first time in daily active addresses.
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