Bitcoin’s active address volatility highlights user engagement beyond price cycles

 Onchain Highlights DEFINITION: The number of unique addresses that were active in the network either as a sender or receiver. Only addresses that were active in successful transactions are counted. The number of active Bitcoin addresses in 2024 has shown significant volatility. After rising steadily following the lead-up to the halving event in April, activity peaked at over 1 million addresses before undergoing a notable decline. As of September, active …