Since the all-time highs that were seen at the start of 2018, the price of Ethereum has collapsed dramatically. From the $1,430 highs, the asset is now down approximately 85%, trading at $240 as of the time of this article’s writing.<\/p>\n
Despite the utter collapse in the market, the underlying network has seen dramatic growth. Data now shows that the number of Ethereum accounts has surpassed a key milestone: 100 million.<\/p>\n
According to Mythos Capital’s Ryan Sean Adams<\/a>, the number of Ethereum addresses\/accounts hit 100 million last week, just five years after the network was launched. Notably, the existence of 100 million addresses does not mean that 100 million people have used that cryptocurrency.<\/p>\n This milestone shows that adoption is taking place, even though it may be slower than some expected.<\/p>\n “World powers will be forced to adapt. This is the next wave of the internet. 100m bankless bank accounts,” Adams wrote with excitement on the matter.<\/p><\/blockquote>\n 100 Million Bank Accounts.<\/p>\n On Ethereum.<\/p>\n Ethereum doing to value what the internet did for communication.<\/p>\n Not likes & links but value & volume.<\/p>\n Not .gifs & .jpgs but erc20s & erc721s.<\/p>\n Not the internet of communication the internet of value.<\/p>\n \ud83d\ude80<\/p>\n Read:https:\/\/t.co\/2o8amE4OHc<\/a><\/p>\n — RYAN S\u039eAN ADAMS – rsa.eth (@RyanSAdams) June 8, 2020<\/a><\/p><\/blockquote>\n\n