OKLink Chain Weekly Report: The data on the Bitcoin chain is calm, and the transaction fee of Ethereum has dropped to a recent low
Active addresses
Last week, the number of active addresses on the Bitcoin network was 6.6104 million, a month-on-month decrease of 1.13%; while the number of active addresses on the Ethereum network was 3.2479 million, a month-on-month increase of 0.14%.
Number of new addresses
During the same period, the number of new addresses on the Bitcoin network was 3.386 million, a month-on-month increase of 0.25%, and the number of new addresses on the Ethereum chain was 1.0456 million, a month-on-month increase of 9.19%.
On-chain transaction volume
On-chain transaction volume
In terms of on-chain transaction volume, Ethereum’s on-chain transaction volume in the past week was 18.6701 million, a month-on-month decrease of 10.53%, while Bitcoin’s on-chain transaction volume was 14.9798 million, a month-on-month decrease of 6.37%.
Number of transactions
Number of transactions
In terms of the number of transactions, the number of transactions on the Bitcoin chain last week was 2,208,600, an increase of 0.89% month-on-month, while the number of transactions on the Ethereum chain was 7,240,500, an increase of 0.51% month-on-month.
Transaction Fees
Transaction Fees
In terms of on-chain handling fees, Ethereum generated a total of 40,700 ETH in handling fees last week, or about 14.336 million U.S. dollars, a month-on-month decrease of 26.33%, while Bitcoin’s on-chain handling fees in the same period were 658.61 BTC, or about Up 13.41%.
The handling fee of Ethereum has dropped to the lowest level since the past 60 days. On October 11, the handling fee of the entire network was 3584ETH, which is a recent low. This also means that the demand for various contract transfers and calls on the Ethereum chain has been gradually reduced. Although Bitcoin’s on-chain fees have rebounded to a certain extent, they are still in a relatively low range. And before the market ushers in a big volatility, this downturn is likely to continue.
