Active Addresses
- 1M1M
- 3M3M
- 6M6M
- 1Y1Y
- ALLALL
- LinearLinear
- LogLog
About this metric
What it measures
Active Addresses counts the distinct Bitcoin addresses that sent or received coins in at least one transaction confirmed on a given day. It gauges how intensively the network is actually being used.
How to read it
A sustained rise in active addresses usually comes with new users and fresh capital arriving on the network. When price climbs while active addresses flatten or fall, the rally appears to be carried mainly by existing money, and its staying power is less certain.
One entity can control many addresses, and exchange consolidations inflate the count, so treat it as a measure of activity rather than a headcount of users. It is most useful for spotting trends and divergences, not for reading a single day.
- Frequency
- Daily (UTC 00:00)
- Asset
- BTC
- Category
- Addresses
- Type
- Single value
FAQ
What counts as an active address?
Any address that spent coins or received them in at least one transaction confirmed that day. Each address counts once per day, no matter how many transactions it appears in.
Do more active addresses mean more users?
Not necessarily. One person or service can control many addresses, and exchanges consolidating deposits push the count up, so the figure says more about how busy the network is than about how many people use it.
Which metrics pair well with Active Addresses?
BTC price, New Addresses and transaction count. Read together, they show whether a price move is backed by growing on-chain use or is happening while activity stays flat.
