Decred Price Analysis – Active addresses hit all-time highs as trend metrics flip bullish

Active and unique addresses are important to consider when determining the fundamental value of the network using Metcalfe’s law. A sudden and continuous increase in active addresses paints a bullish picture as this typically indicates a sharp increase in on-chain use or interest.

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Bitcoin (BTC) $ 41,565.14 5.28%
Ethereum (ETH) $ 2,228.42 3.18%
Litecoin (LTC) $ 72.70 0.93%
Bitcoin Cash (BCH) $ 244.49 7.37%