Ethereum (ETH) now has 182.74 million non-empty wallets — more than three times the count on the Bitcoin (BTC) network — according to new data from on-chain analytics firm Santiment, underscoring how the smart-contract platform has pulled far ahead of every other major blockchain in user adoption.
What Happened: Ethereum Wallet Record
Santiment published a comparison on X showing how the total number of non-empty addresses has changed across eight major cryptocurrencies over the past decade. Every network on the list grew its holder base during that period, but Ethereum's trajectory dwarfed the rest.
ETH surpassed Bitcoin in this metric back in 2019 and then accelerated. The network now sits at an all-time high of 182.74 million holders, while BTC trails at 58.51 million.
The gap widens further down the rankings. Tether (USDT) holds third place with 12.96 million addresses. Dogecoin (DOGE), XRP (XRP), USDC (USDC) and Cardano (ADA) all fall in the 4-to-8 million range.
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Why It Matters: DeFi Adoption Edge
Ethereum's lead is widely attributed to its smart-contract functionality, which supports a broad ecosystem of decentralized finance applications and tokens — drawing users who interact with multiple protocols rather than simply holding a single asset. That structural advantage has compounded over time, pushing its address count into territory no other chain has reached.
ETH was trading around the $2,060 level after recovering from a weekend dip to the low $1,900s.
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